4 Stocks Underperforming Today In 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 4 stocks pushing the industry lower today:

4. MSC Industrial Direct ( MSM) is one of the companies pushing the Wholesale industry lower today. As of noon trading, MSC Industrial Direct is down $1.59 (-2.0%) to $76.51 on average volume Thus far, 185,081 shares of MSC Industrial Direct exchanged hands as compared to its average daily volume of 384,400 shares. The stock has ranged in price between $76.47-$78.37 after having opened the day at $78.37 as compared to the previous trading day's close of $78.10.

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 $3.8 billion and is part of the services sector. The company has a P/E ratio of 19.4, above the S&P 500 P/E ratio of 17.7. Shares are up 3.6% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates MSC Industrial Direct 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, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full MSC Industrial Direct Ratings Report now.

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3. As of noon trading, Magna International ( MGA) is down $1.49 (-2.6%) to $54.97 on heavy volume Thus far, 553,266 shares of Magna International exchanged hands as compared to its average daily volume of 690,100 shares. The stock has ranged in price between $54.65-$56.65 after having opened the day at $56.63 as compared to the previous trading day's close of $56.46.

Magna International Inc. designs, develops, manufactures, and engineers automotive systems and components to original equipment manufacturers primarily in North America, Europe, and internationally. Magna International has a market cap of $13.5 billion and is part of the services sector. The company has a P/E ratio of 9.8, below the S&P 500 P/E ratio of 17.7. Shares are up 12.9% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Magna International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and attractive valuation levels. 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, Airgas ( ARG) is down $1.11 (-1.1%) to $95.41 on light volume Thus far, 141,563 shares of Airgas exchanged hands as compared to its average daily volume of 552,600 shares. The stock has ranged in price between $95.38-$96.86 after having opened the day at $96.86 as compared to the previous trading day's close of $96.52.

Airgas, Inc., through its subsidiaries, engages in the distribution of industrial, medical, and specialty gases in the United States. Airgas has a market cap of $7.3 billion and is part of the services sector. The company has a P/E ratio of 22.2, above the S&P 500 P/E ratio of 17.7. Shares are up 6.0% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Airgas 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, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Airgas Ratings Report now.

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1. As of noon trading, McKesson ( MCK) is down $0.94 (-0.9%) to $105.79 on average volume Thus far, 589,550 shares of McKesson exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $105.68-$106.90 after having opened the day at $106.82 as compared to the previous trading day's close of $106.73.

McKesson Corporation, together with its subsidiaries, delivers pharmaceuticals, medical supplies, and health care information technologies to the healthcare industry primarily in the United States. It operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions. McKesson has a market cap of $25.1 billion and is part of the services sector. The company has a P/E ratio of 16.4, below the S&P 500 P/E ratio of 17.7. Shares are up 10.1% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates McKesson as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, notable return on equity, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full McKesson 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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