4 Stocks Pushing The Wholesale Industry Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 20 points (-0.2%) at 12,795 as of Monday, Nov. 12, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,283 issues advancing vs. 1,555 declining with 129 unchanged.

The Wholesale industry currently sits down 0.2% versus the S&P 500, which is down 0.1%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. Ingram Micro ( IM) is one of the companies pushing the Wholesale industry lower today. As of noon trading, Ingram Micro is down $0.22 (-1.4%) to $15.75 on light volume Thus far, 213,925 shares of Ingram Micro exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $15.71-$16.00 after having opened the day at $15.94 as compared to the previous trading day's close of $15.97.

Ingram Micro Inc. distributes information technology (IT) products and supply chain solutions worldwide. Ingram Micro has a market cap of $2.4 billion and is part of the services sector. The company has a P/E ratio of 7.9, below the S&P 500 P/E ratio of 17.7. Shares are down 12.2% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Ingram Micro a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Ingram Micro as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and poor profit margins. Get the full Ingram Micro Ratings Report now.

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