Cardinal Health Inc (CAH): Today's Featured Wholesale Laggard

Cardinal Health ( CAH) pushed the Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole was unchanged today. By the end of trading, Cardinal Health fell $0.52 (-1.1%) to $47.20 on average volume. Throughout the day, 4,502,589 shares of Cardinal Health exchanged hands as compared to its average daily volume of 3,044,300 shares. The stock ranged in price between $47.20-$47.94 after having opened the day at $47.76 as compared to the previous trading day's close of $47.72. Other companies within the Wholesale industry that declined today were: InfoSonics Corporation ( IFON), down 6.2%, LB Foster Company ( FSTR), down 3.4%, Susser Petroleum Partners ( SUSP), down 2.6% and Bluelinx Holdings ( BXC), down 2.3%.

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 $16.4 billion and is part of the services sector. The company has a P/E ratio of 14.3, below the S&P 500 P/E ratio of 17.7. Shares are up 15.9% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Cardinal Health a buy, no analysts rate it a sell, and 2 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.

On the positive front, Armco Metals Holdings ( CNAM), up 6.2%, Aegean Marine Petroleum Network ( ANW), up 5.2%, Rada Electronics Industries ( RADA), up 4.3% and Universal Power Group ( UPG), up 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).

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