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 Louisiana-Pacific (
LPX) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day up 0.2%. By the end of trading, Louisiana-Pacific rose $0.85 (4.5%) to $19.73 on heavy volume. Throughout the day, 4,412,135 shares of Louisiana-Pacific exchanged hands as compared to its average daily volume of 2,549,500 shares. The stock ranged in a price between $19.03-$19.82 after having opened the day at $19.45 as compared to the previous trading day's close of $18.88. Other companies within the Wholesale industry that increased today were:
McKesson (
MCK), up 6.9%,
SED International Holdings (
SED), up 4.1%,
United Natural Foods (
UNFI), up 3.4% and
Avnet (
AVT), up 3.1%.
- EXCLUSIVE OFFER: Jim Cramer's Protege, 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.
Louisiana-Pacific Corporation, together with its subsidiaries, engages in manufacturing and distributing building products for new home construction, repair and remodeling, manufactured housing, and light industrial and commercial construction. Louisiana-Pacific has a market cap of $2.6 billion and is part of the services sector. The company has a P/E ratio of 85.3, above the S&P 500 P/E ratio of 17.7. Shares are down 2.3% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Louisiana-Pacific a buy, 5 analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates Louisiana-Pacific 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, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.
On the negative front,
Coast Distribution System (
CRV), down 7.1%,
Aegean Marine Petroleum Network (
ANW), down 5.0%,
Taitron Components Inc. Shs -A (
TAIT), down 4.6% and
Crystal Rock Holdings (
CRVP), down 4.2%.
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).
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.
