W.W. Grainger Inc. (GWW): Today's Key Contributor To Industry Gains

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.

W.W. Grainger ( GWW) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day up 0.4%. By the end of trading, W.W. Grainger rose $7.67 (3.5%) to $224.65 on average volume. Throughout the day, 404,711 shares of W.W. Grainger exchanged hands as compared to its average daily volume of 403,900 shares. The stock ranged in a price between $217.38-$224.73 after having opened the day at $217.43 as compared to the previous trading day's close of $216.98. Other companies within the Wholesale industry that increased today were: Armco Metals Holdings ( CNAM), up 7.1%, DXP ( DXPE), up 4%, Universal Power Group ( UPG), up 3%, and Hudson Technology ( HDSN), up 3%.
  • 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.

W.W. Grainger, Inc. engages in the distribution of maintenance, repair, and operating supplies, as well as other related products and services for businesses and institutions primarily in the United States and Canada. W.W. Grainger has a market cap of $15.23 billion and is part of the services sector. The company has a P/E ratio of 23, above the S&P 500 P/E ratio of 17.7. Shares are up 7.2% year to date as of the close of trading on Wednesday. Currently there are six analysts that rate W.W. Grainger a buy, no analysts rate it a sell, and nine rate it a hold.

TheStreet Ratings rates W.W. Grainger 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 no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

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

If you liked this article you might like

Put W.W. Grainger Puts on Your Radar

Market Recon: Politics and Geopolitics Are Back in Focus

Analysts' Actions -- Cypress Semi, CyberArk, Goodyear, Lululemon and More

CSX, Arconic Top Sector Gains as Shareholder Activism Drives Them Higher

Market Recon: The President's Actions Renew Belief in the Agenda