McKesson Inc. (MCK): Today's Featured Wholesale Winner

McKesson ( MCK) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day up 0.8%. By the end of trading, McKesson rose $1.68 (1.5%) to $116.18 on average volume. Throughout the day, 1,380,205 shares of McKesson exchanged hands as compared to its average daily volume of 1,207,800 shares. The stock ranged in a price between $115.30-$116.78 after having opened the day at $115.77 as compared to the previous trading day's close of $114.50. Other companies within the Wholesale industry that increased today were: China Auto Logistics ( CALI), up 5.0%, Bluelinx Holdings ( BXC), up 4.7%, Houston Wire & Cable Company ( HWCC), up 4.4% and Watsco ( WSO.B), up 3.6%.

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 $26.4 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 18.1% year to date as of the close of trading on Friday. Currently there are 8 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 good cash flow from operations, solid stock price performance, 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.

On the negative front, Armco Metals Holdings ( CNAM), down 5.8%, China Metro-Rural Holdings ( CNR), down 5.0%, Shengkai Innovations ( VALV), down 4.0% and Coast Distribution System ( CRV), down 3.7% , were all laggards within the wholesale industry with AmerisourceBergen ( ABC) being today's wholesale industry laggard.

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).

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