ARW, AVT And LKQ, 3 Wholesale Stocks Pushing The Industry Lower

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 63 points (0.4%) at 15,199 as of Monday, July 8, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,878 issues advancing vs. 1,083 declining with 93 unchanged.

The Wholesale industry currently is unchanged today versus the S&P 500, which is up 1.0%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Arrow Electronics ( ARW) is one of the companies pushing the Wholesale industry lower today. As of noon trading, Arrow Electronics is down $0.34 (-0.8%) to $40.74 on light volume. Thus far, 168,117 shares of Arrow Electronics exchanged hands as compared to its average daily volume of 656,800 shares. The stock has ranged in price between $40.53-$41.30 after having opened the day at $41.30 as compared to the previous trading day's close of $41.08.

Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. It operates in two segments, Global Components and Global Enterprise Computing Solutions. Arrow Electronics has a market cap of $4.2 billion and is part of the services sector. Shares are up 7.9% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Arrow Electronics a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Arrow Electronics as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, increase in stock price during the past year 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 Arrow Electronics 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.

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