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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 18 points (-0.1%) at 13,964 as of Thursday, Feb. 14, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,305 issues advancing vs. 1,524 declining with 153 unchanged.

The Wholesale industry currently sits up 0.1% 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 $1.53 (8.3%) to $20.00 on heavy volume Thus far, 1.3 million shares of Ingram Micro exchanged hands as compared to its average daily volume of 750,800 shares. The stock has ranged in price between $19.23-$20.21 after having opened the day at $19.41 as compared to the previous trading day's close of $18.47.

Ingram Micro Inc. distributes information technology (IT) products and supply chain solutions worldwide. Ingram Micro has a market cap of $2.8 billion and is part of the services sector. The company has a P/E ratio of 9.3, below the S&P 500 P/E ratio of 17.7. Shares are up 9.5% year to date as of the close of trading on Wednesday. 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 buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, attractive valuation levels, impressive record of earnings per share growth 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 Ingram Micro Ratings Report now.

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

2. As of noon trading, Sysco Corporation ( SYY) is up $0.24 (0.8%) to $32.02 on average volume Thus far, 1.8 million shares of Sysco Corporation exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $31.71-$32.02 after having opened the day at $31.78 as compared to the previous trading day's close of $31.78.

Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of a range of food and related products primarily to the foodservice or food-away-from-home industry. Sysco Corporation has a market cap of $18.5 billion and is part of the services sector. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7. Shares are down 0.3% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Sysco Corporation a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Sysco Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, 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 has had somewhat weak growth in earnings per share. Get the full Sysco Corporation Ratings Report now.

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

1. As of noon trading, Cardinal Health ( CAH) is up $0.75 (1.6%) to $46.19 on heavy volume Thus far, 1.9 million shares of Cardinal Health exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $45.60-$46.75 after having opened the day at $46.72 as compared to the previous trading day's close of $45.44.

Cardinal Health, Inc., a healthcare services company, provides pharmaceutical and medical products and services in the United States and internationally. The company operates in two segments, Pharmaceutical and Medical. Cardinal Health has a market cap of $15.5 billion and is part of the services sector. The company has a P/E ratio of 13.8, below the S&P 500 P/E ratio of 17.7. Shares are up 10.6% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Cardinal Health a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Cardinal Health as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, notable return on equity, increase in stock price during the past year 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 Cardinal Health Ratings Report now.

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

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.
null