Wesco International Inc. (WCC): Today's Featured Wholesale Laggard

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.

Wesco International ( WCC) pushed the Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole closed the day down 1.3%. By the end of trading, Wesco International fell 92 cents (-1.3%) to $72.22 on average volume. Throughout the day, 933,764 shares of Wesco International exchanged hands as compared to its average daily volume of 676,500 shares. The stock ranged in price between $71.81-$72.94 after having opened the day at $72.83 as compared to the previous trading day's close of $73.14. Other companies within the Wholesale industry that declined today were: China Armco Metals ( CNAM), down 15.2%, Bluelinx Holdings ( BXC), down 6.8%, Aegean Marine Petroleum Network ( ANW), down 6.7%, and Rada Electronics Industries ( RADA), down 5.9%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

WESCO International, Inc., a Fortune 500 company, engages in the distribution of electrical, industrial, and communications maintenance, repair, and operating (MRO) products; and original equipment manufacturers products and construction materials. Wesco International has a market cap of $3.21 billion and is part of the services sector. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are up 8.7% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Wesco International a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Wesco International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

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).

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.

null

More from Markets

AMD Rises Above the Competition; Loan Losses Mount for Big Banks -- ICYMI

AMD Rises Above the Competition; Loan Losses Mount for Big Banks -- ICYMI

McKesson Internal Review Clears Senior Management of Wrongdoing on Opioids

McKesson Internal Review Clears Senior Management of Wrongdoing on Opioids

Starbucks Surprises Wall Street With U.S. Sales Up a Paltry 2%

Starbucks Surprises Wall Street With U.S. Sales Up a Paltry 2%

Dow Jumps 238 Points as S&P 500, Nasdaq Also Climb

Dow Jumps 238 Points as S&P 500, Nasdaq Also Climb

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2