3 Stocks Pushing The Wholesale Industry Higher

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

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 12,980 as of Tuesday, Dec. 4, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,319 issues advancing vs. 1,553 declining with 162 unchanged.

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

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Ingram Micro ( IM) is one of the companies pushing the Wholesale industry higher today. As of noon trading, Ingram Micro is up $0.16 (1.0%) to $16.18 on light volume Thus far, 195,047 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 $15.96-$16.21 after having opened the day at $16.00 as compared to the previous trading day's close of $16.02.

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 8.1, below the S&P 500 P/E ratio of 17.7. Shares are down 11.9% year to date as of the close of trading on Monday. 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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2. As of noon trading, Magna International ( MGA) is up $0.30 (0.7%) to $46.01 on light volume Thus far, 128,906 shares of Magna International exchanged hands as compared to its average daily volume of 568,600 shares. The stock has ranged in price between $45.63-$46.20 after having opened the day at $45.63 as compared to the previous trading day's close of $45.71.

Magna International Inc. designs, develops, and manufactures automotive systems, assemblies, modules and components, and engineers and assembles vehicles to original equipment manufacturers of cars and light trucks in North America, Europe, Asia, South America, and Africa. Magna International has a market cap of $10.8 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 up 39.4% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Magna International a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Magna International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Magna International Ratings Report now.

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1. As of noon trading, McKesson ( MCK) is up $0.43 (0.5%) to $95.01 on light volume Thus far, 345,980 shares of McKesson exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $93.97-$95.20 after having opened the day at $94.50 as compared to the previous trading day's close of $94.58.

McKesson Corporation, together with its subsidiaries, delivers pharmaceuticals, medical supplies, and health care information technologies to the healthcare industry primarily in the United States. It operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions. McKesson has a market cap of $22.3 billion and is part of the services sector. The company has a P/E ratio of 14.5, below the S&P 500 P/E ratio of 17.7. Shares are up 21.4% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate McKesson a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates McKesson as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full McKesson Ratings Report now.

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If you are interested in one of these 3 stocks, 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).

A reminder about TheStreet Ratings group: 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.
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