5 Stocks Pushing The Wholesale Industry Downward

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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 30 points (-0.2%) at 15,089 as of Monday, May 13, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,245 issues advancing vs. 1,704 declining with 112 unchanged.

The Wholesale industry currently sits down 0.18 versus the S&P 500, which is unchanged.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. Ingram Micro ( IM) is one of the companies pushing the Wholesale industry lower today. As of noon trading, Ingram Micro is down $0.29 (-1.6%) to $17.76 on light volume Thus far, 183,073 shares of Ingram Micro exchanged hands as compared to its average daily volume of 974,300 shares. The stock has ranged in price between $17.75-$18.08 after having opened the day at $18.03 as compared to the previous trading day's close of $18.05.

Ingram Micro Inc. distributes information technology (IT) products; and provides supply chain solutions, mobile device lifecycle services, and logistics solutions worldwide. Ingram Micro has a market cap of $2.7 billion and is part of the services sector. The company has a P/E ratio of 10.4, below the S&P 500 P/E ratio of 17.7. Shares are up 6.7% year to date as of the close of trading on Friday.

TheStreet Ratings rates Ingram Micro as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Ingram Micro 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.

4. As of noon trading, Avnet ( AVT) is down $0.61 (-1.8%) to $32.97 on light volume Thus far, 279,894 shares of Avnet exchanged hands as compared to its average daily volume of 877,400 shares. The stock has ranged in price between $32.92-$33.52 after having opened the day at $33.49 as compared to the previous trading day's close of $33.58.

Avnet, Inc., together with its subsidiaries, distributes electronic components, enterprise computer and storage products, and embedded subsystems in the Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand. Avnet has a market cap of $4.6 billion and is part of the services sector. The company has a P/E ratio of 10.4, below the S&P 500 P/E ratio of 17.7. Shares are up 9.8% year to date as of the close of trading on Friday.

TheStreet Ratings rates Avnet as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Avnet 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.

3. As of noon trading, Airgas ( ARG) is down $0.84 (-0.9%) to $96.94 on light volume Thus far, 132,285 shares of Airgas exchanged hands as compared to its average daily volume of 521,400 shares. The stock has ranged in price between $96.94-$97.76 after having opened the day at $97.56 as compared to the previous trading day's close of $97.78.

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 $7.5 billion and is part of the basic materials sector. The company has a P/E ratio of 22.7, above the S&P 500 P/E ratio of 17.7. Shares are up 8.1% year to date as of the close of trading on Friday.

TheStreet Ratings rates Airgas as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Airgas 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.

2. As of noon trading, LKQ Corporation ( LKQ) is down $0.16 (-0.7%) to $24.49 on light volume Thus far, 480,471 shares of LKQ Corporation exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $24.35-$24.70 after having opened the day at $24.60 as compared to the previous trading day's close of $24.65.

LKQ Corporation, together with its subsidiaries, provides replacement parts, components, and systems needed to repair vehicles, primarily cars and trucks in the United States, the United Kingdom, Canada, Mexico, and Central America. LKQ Corporation has a market cap of $7.4 billion and is part of the consumer goods sector. The company has a P/E ratio of 28.0, above the S&P 500 P/E ratio of 17.7. Shares are up 17.0% year to date as of the close of trading on Friday.

TheStreet Ratings rates LKQ Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, growth in earnings per share, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full LKQ Corporation 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.

1. As of noon trading, AmerisourceBergen ( ABC) is down $0.30 (-0.6%) to $54.54 on light volume Thus far, 906,397 shares of AmerisourceBergen exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $54.47-$54.88 after having opened the day at $54.68 as compared to the previous trading day's close of $54.84.

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 18.8, above the S&P 500 P/E ratio of 17.7. Shares are up 26.9% year to date as of the close of trading on Friday.

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.

null

More from Markets

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Replay: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Video: Here's What May Come Next for Theranos Founder and CEO Elizabeth Holmes

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

Charlie Gasparino Says GE Is Reportedly Looking to Slash Its Dividend Again

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec