3 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

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 19 points (0.1%) at 14,273 as of Wednesday, March 6, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,527 issues advancing vs. 1,351 declining with 133 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 fell today was LKQ Corporation ( LKQ), up 1.0%. A company within the industry that increased today was Tech Data Corporation ( TECD), up 3.4%.

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

3. Magna International ( MGA) is one of the companies pushing the Wholesale industry lower today. As of noon trading, Magna International is down $0.14 (-0.2%) to $55.01 on average volume Thus far, 279,003 shares of Magna International exchanged hands as compared to its average daily volume of 691,400 shares. The stock has ranged in price between $54.71-$55.45 after having opened the day at $55.39 as compared to the previous trading day's close of $55.15.

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 $12.9 billion and is part of the services sector. The company has a P/E ratio of 9.4, below the S&P 500 P/E ratio of 17.7. Shares are up 10.3% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Magna International a buy, 1 analyst rates 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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2. As of noon trading, Omnicare ( OCR) is down $0.46 (-1.2%) to $38.00 on average volume Thus far, 623,920 shares of Omnicare exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $37.97-$38.65 after having opened the day at $38.53 as compared to the previous trading day's close of $38.46.

Omnicare, Inc. operates as a healthcare services company that specializes in the management of pharmaceutical care in the United States and Canada. The company operates in two segments, Long-Term Care Group and Specialty Care Group. Omnicare has a market cap of $3.9 billion and is part of the services sector. The company has a P/E ratio of 21.8, above the S&P 500 P/E ratio of 17.7. Shares are up 6.6% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Omnicare a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Omnicare 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, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Omnicare Ratings Report now.

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1. As of noon trading, Sysco Corporation ( SYY) is down $0.14 (-0.4%) to $32.70 on average volume Thus far, 1.3 million shares of Sysco Corporation exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $32.62-$32.87 after having opened the day at $32.84 as compared to the previous trading day's close of $32.84.

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 $19.2 billion and is part of the services sector. The company has a P/E ratio of 18.0, above the S&P 500 P/E ratio of 17.7. Shares are up 3.7% year to date as of the close of trading on Tuesday. 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, reasonable valuation levels, 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.

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If you are interested in one of these 5 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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