4. As of noon trading, MSC Industrial Direct ( MSM) is up $0.92 (1.1%) to $85.24 on light volume Thus far, 82,183 shares of MSC Industrial Direct exchanged hands as compared to its average daily volume of 399,600 shares. The stock has ranged in price between $84.30-$85.50 after having opened the day at $84.43 as compared to the previous trading day's close of $84.33.

MSC Industrial Direct Co., Inc., together with its subsidiaries, operates as a direct marketer and distributor of metalworking and maintenance, repair, and operations (MRO) products to industrial customers in the United States. MSC Industrial Direct has a market cap of $4.2 billion and is part of the services sector. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7. Shares are up 11.9% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate MSC Industrial Direct a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates MSC Industrial Direct as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full MSC Industrial Direct 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 liked this article you might like

United Natural Foods Defies Whole Foods Anxiety--For Now

iPhone X, Bitcoin and Nordstrom - 5 Things You Must Know Before the Market Opens

Futures Hold Steady as Hurricane Irma Pummels Florida

Hurricane Irma Batters Florida and Fed Gets Inflation Numbers: Week Ahead