4 Stocks Pushing The Wholesale Industry Higher

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 44 points (-0.3%) at 15,417 as of Friday, July 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,253 issues advancing vs. 1,644 declining with 132 unchanged.

The Wholesale industry currently sits up 0.4% versus the S&P 500, which is down 0.1%. A company within the industry that increased today was Rockwell Automation ( ROK), up 1.1%.

TheStreet would like to highlight 4 stocks pushing the industry higher today:

4. Watsco ( WSO) is one of the companies pushing the Wholesale industry higher today. As of noon trading, Watsco is up $2.47 (2.7%) to $93.12 on heavy volume. Thus far, 157,546 shares of Watsco exchanged hands as compared to its average daily volume of 166,300 shares. The stock has ranged in price between $90.50-$93.14 after having opened the day at $90.50 as compared to the previous trading day's close of $90.65.

Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, and refrigeration equipment in the United States, Canada, Puerto Rico, and Mexico. Watsco has a market cap of $2.7 billion and is part of the services sector. Shares are up 18.2% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Watsco a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Watsco as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, compelling growth in net income, notable return on equity and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Watsco Ratings Report now.

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

3. As of noon trading, Henry Schein ( HSIC) is up $0.68 (0.7%) to $102.38 on light volume. Thus far, 93,688 shares of Henry Schein exchanged hands as compared to its average daily volume of 393,000 shares. The stock has ranged in price between $101.47-$102.47 after having opened the day at $101.92 as compared to the previous trading day's close of $101.70.

Henry Schein, Inc. distributes health care products and services primarily to office-based dental, medical, and animal health care practitioners. It operates in two segments, Health Care Distribution and Technology and Value-Added Services. Henry Schein has a market cap of $8.7 billion and is part of the services sector. Shares are up 24.7% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Henry Schein a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Henry Schein 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, revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Henry Schein Ratings Report now.

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

2. As of noon trading, Omnicare ( OCR) is up $0.37 (0.8%) to $49.75 on light volume. Thus far, 166,227 shares of Omnicare exchanged hands as compared to its average daily volume of 973,500 shares. The stock has ranged in price between $49.39-$49.78 after having opened the day at $49.39 as compared to the previous trading day's close of $49.38.

Omnicare, Inc. operates as a healthcare services company that specializes in the management of pharmaceutical care in the United States and Canada. The company operates in two segments, Long-Term Care Group and Specialty Care Group. Omnicare has a market cap of $5.1 billion and is part of the services sector. Shares are up 35.4% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Omnicare a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Omnicare as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Omnicare Ratings Report now.

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

1. As of noon trading, Magna International ( MGA) is up $0.71 (0.9%) to $75.22 on light volume. Thus far, 196,996 shares of Magna International exchanged hands as compared to its average daily volume of 736,200 shares. The stock has ranged in price between $74.69-$75.41 after having opened the day at $74.78 as compared to the previous trading day's close of $74.51.

Magna International Inc. designs, develops, manufactures, and engineers automotive systems and components to original equipment manufacturers primarily in North America, Europe, and internationally. Magna International has a market cap of $17.0 billion and is part of the services sector. Shares are up 46.2% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Magna International a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Magna International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Magna International Ratings Report now.

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 are interested in one of these 4 stocks, 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).

null

More from Markets

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists