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

Cardinal Health ( CAH) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day up 0.6%. By the end of trading, Cardinal Health rose $0.78 (1.6%) to $48.79 on average volume. Throughout the day, 2,374,974 shares of Cardinal Health exchanged hands as compared to its average daily volume of 2,832,500 shares. The stock ranged in a price between $48.01-$48.93 after having opened the day at $48.03 as compared to the previous trading day's close of $48.01. Other companies within the Wholesale industry that increased today were: Armco Metals Holdings ( CNAM), up 11.1%, InfoSonics Corporation ( IFON), up 10.0%, Coast Distribution System ( CRV), up 5.6% and Tessco Technologies ( TESS), up 5.2%.

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 $16.3 billion and is part of the services sector. Shares are up 15.4% year to date as of the close of trading on Tuesday. 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 negative front, Shengkai Innovations ( VALV), down 9.9%, Universal Power Group ( UPG), down 4.4%, Global Partners ( GLP), down 4.2% and Bluelinx Holdings ( BXC), down 3.6%.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

These Stocks Pay You to Own Them

FDA Official Calls for Ending Codeine Use in Kids Cough Products

Big Drug Makers Could Face More Pressure on Codeine Remedies for Kids

Cramer: Finding the Flaws in Amazon

Cardinal Health: Cramer's Top Takeaways