4 Stocks Dragging 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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 46 points (-0.3%) at 15,208 as of Tuesday, June 4, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,093 issues advancing vs. 1,832 declining with 114 unchanged.

The Wholesale industry currently sits down 0.59 versus the S&P 500, which is down 0.24.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. Rockwell Automation ( ROK) is one of the companies pushing the Wholesale industry lower today. As of noon trading, Rockwell Automation is down $0.49 (-0.6%) to $87.70 on light volume Thus far, 283,852 shares of Rockwell Automation exchanged hands as compared to its average daily volume of 967,100 shares. The stock has ranged in price between $87.51-$89.07 after having opened the day at $88.52 as compared to the previous trading day's close of $88.19.

Rockwell Automation, Inc. provides industrial automation power, control, and information solutions. It operates in two segments, Architecture & Software and Control Products & Solutions. Rockwell Automation has a market cap of $12.3 billion and is part of the services sector. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7. Shares are up 5.0% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Rockwell Automation a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Rockwell Automation 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, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Rockwell Automation Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, W.W. Grainger ( GWW) is down $3.20 (-1.2%) to $255.31 on light volume Thus far, 88,422 shares of W.W. Grainger exchanged hands as compared to its average daily volume of 365,800 shares. The stock has ranged in price between $254.80-$259.05 after having opened the day at $259.05 as compared to the previous trading day's close of $258.51.

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 $17.9 billion and is part of the services sector. The company has a P/E ratio of 26.0, above the S&P 500 P/E ratio of 17.7. Shares are up 27.7% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate W.W. Grainger a buy, no analysts rate it a sell, and 9 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, growth in earnings per share and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full W.W. Grainger Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, McKesson ( MCK) is down $0.93 (-0.8%) to $111.81 on light volume Thus far, 419,249 shares of McKesson exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $111.79-$113.33 after having opened the day at $112.54 as compared to the previous trading day's close of $112.74.

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 $25.8 billion and is part of the services sector. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7. Shares are up 17.4% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate McKesson a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates McKesson as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full McKesson Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Cardinal Health ( CAH) is down $0.66 (-1.4%) to $46.57 on light volume Thus far, 985,630 shares of Cardinal Health exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $46.52-$47.49 after having opened the day at $47.14 as compared to the previous trading day's close of $47.23.

Cardinal Health, Inc., a healthcare services company, provides pharmaceutical and medical products and services in the United States and internationally. The company operates in two segments, Pharmaceutical and Medical. Cardinal Health has a market cap of $16.1 billion and is part of the services sector. The company has a P/E ratio of 14.0, below the S&P 500 P/E ratio of 17.7. Shares are up 14.0% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Cardinal Health a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Cardinal Health 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, notable return on equity, good cash flow from operations 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 Cardinal Health Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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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