3 Stocks Advancing The Wholesale Industry

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 52 points (-0.4%) at 14,567 as of Thursday, April 18, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,288 issues advancing vs. 1,600 declining with 135 unchanged.

The Wholesale industry currently is unchanged today versus the S&P 500, which is down 0.48.

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

3. Watsco ( WSO) is one of the companies pushing the Wholesale industry higher today. As of noon trading, Watsco is up $1.90 (2.41) to $80.77 on average volume Thus far, 152,421 shares of Watsco exchanged hands as compared to its average daily volume of 226,500 shares. The stock has ranged in price between $78.94-$81.98 after having opened the day at $78.94 as compared to the previous trading day's close of $78.87.

Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, and refrigeration equipment in the United States, Canada, Puerto Rico, and Mexico. Watsco has a market cap of $2.4 billion and is part of the services sector. The company has a P/E ratio of 29.5, above the S&P 500 P/E ratio of 17.7. Shares are up 5.3% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Watsco as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Watsco Ratings Report now.

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2. As of noon trading, W.W. Grainger ( GWW) is up $0.89 (0.37) to $239.05 on average volume Thus far, 177,338 shares of W.W. Grainger exchanged hands as compared to its average daily volume of 418,800 shares. The stock has ranged in price between $236.63-$241.15 after having opened the day at $236.63 as compared to the previous trading day's close of $238.16.

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 $16.8 billion and is part of the services sector. The company has a P/E ratio of 24.5, above the S&P 500 P/E ratio of 17.7. Shares are up 17.7% year to date as of the close of trading on Wednesday.

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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full W.W. Grainger Ratings Report now.

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1. As of noon trading, AmerisourceBergen ( ABC) is up $0.34 (0.62) to $55.40 on heavy volume Thus far, 2.1 million shares of AmerisourceBergen exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $55.02-$56.07 after having opened the day at $55.06 as compared to the previous trading day's close of $55.06.

AmerisourceBergen Corporation, a pharmaceutical services company, provides drug distribution and related services to healthcare providers and pharmaceutical manufacturers primarily in the United States and Canada. AmerisourceBergen has a market cap of $12.6 billion and is part of the services sector. The company has a P/E ratio of 19.3, above the S&P 500 P/E ratio of 17.7. Shares are up 27.5% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates AmerisourceBergen as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, notable return on equity, good cash flow from operations, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full AmerisourceBergen Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks 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.

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