LKQ Corporation (LKQ): Today's Featured Wholesale Laggard

LKQ Corporation ( LKQ) pushed the Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole closed the day down 0.5%. By the end of trading, LKQ Corporation fell $0.47 (-1.8%) to $25.98 on heavy volume. Throughout the day, 3,064,615 shares of LKQ Corporation exchanged hands as compared to its average daily volume of 1,416,200 shares. The stock ranged in price between $25.71-$26.83 after having opened the day at $26.45 as compared to the previous trading day's close of $26.45. Other companies within the Wholesale industry that declined today were: Hudson Technology ( HDSN), down 22.2%, Shengkai Innovations ( VALV), down 11.4%, MWI Veterinary Supply ( MWIV), down 4.0% and China Metro-Rural Holdings ( CNR), down 3.8%.

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 $7.7 billion and is part of the consumer goods sector. The company has a P/E ratio of 29.8, above the S&P 500 P/E ratio of 17.7. Shares are up 22.0% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate LKQ Corporation a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates LKQ Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, increase in net income 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 disappointing return on equity.

On the positive front, InfoSonics Corporation ( IFON), up 6.5%, Genuine Parts Company ( GPC), up 4.3%, China Auto Logistics ( CALI), up 4.0% and Edgen Group ( EDG), up 3.2%.

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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