Cardinal Health Inc (CAH): Today's Featured Wholesale Winner

Cardinal Health ( CAH) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day up 0.8%. By the end of trading, Cardinal Health rose 54 cents (1.4%) to $39.66 on heavy volume. Throughout the day, 4.4 million shares of Cardinal Health exchanged hands as compared to its average daily volume of 2.4 million shares. The stock ranged in a price between $39.04-$39.73 after having opened the day at $39.07 as compared to the previous trading day's close of $39.12. Other companies within the Wholesale industry that increased today were: Commercial Vehicle Group ( CVGI), up 9.1%, Universal Power Group ( UPG), up 7%, Longwei Petroleum Investment Holding Limite ( LPH), up 6.3%, and Rada Electronics Industries ( RADA), up 5.4%.

Cardinal Health, Inc. operates as a healthcare services company that provides pharmaceutical and medical products and services. The company operates in two segments, Pharmaceutical and Medical. Cardinal Health has a market cap of $13.58 billion and is part of the services sector. The company has a P/E ratio of 12.2, below the average wholesale industry P/E ratio of 13.3 and below the S&P 500 P/E ratio of 17.7. Shares are down 3.7% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Cardinal Health a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Cardinal Health as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the wholesale industry could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the wholesale industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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