5 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 32 points (0.2%) at 14,286 as of Wednesday, March 6, 2013, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,509 issues advancing vs. 1,334 declining with 158 unchanged.

The Wholesale industry currently sits up 0.4% versus the S&P 500, which is up 0.1%. A company within the industry that increased today was Tech Data Corporation ( TECD), up 3.4%. A company within the industry that fell today was LKQ Corporation ( LKQ), up 1.0%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Arrow Electronics ( ARW) is one of the companies pushing the Wholesale industry higher today. As of noon trading, Arrow Electronics is up $0.53 (1.3%) to $40.41 on light volume Thus far, 139,468 shares of Arrow Electronics exchanged hands as compared to its average daily volume of 856,900 shares. The stock has ranged in price between $39.84-$40.41 after having opened the day at $40.00 as compared to the previous trading day's close of $39.88.

Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. It operates in two segments, Global Components and Global Enterprise Computing Solutions. Arrow Electronics has a market cap of $4.1 billion and is part of the services sector. The company has a P/E ratio of 8.9, below the S&P 500 P/E ratio of 17.7. Shares are up 4.7% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Arrow Electronics a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Arrow Electronics as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, good cash flow from operations 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. Get the full Arrow Electronics Ratings Report now.

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