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.

null

More from Markets

North Korea, Apple, GPDR and Gap - 5 Things You Must Know

North Korea, Apple, GPDR and Gap - 5 Things You Must Know

One Thing to Consider Over Memorial Day Weekend: Are Stocks About to Collapse?

One Thing to Consider Over Memorial Day Weekend: Are Stocks About to Collapse?

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Oil Falls Sharply After Saudi Arabia, Russia Suggest Production Cut Easing

Oil Falls Sharply After Saudi Arabia, Russia Suggest Production Cut Easing

Netflix Ready to Surpass Disney as America's Most Valuable Media Company

Netflix Ready to Surpass Disney as America's Most Valuable Media Company