Rockwell Automation (ROK): Today's Featured Wholesale Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Rockwell Automation ( ROK) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day up 0.1%. By the end of trading, Rockwell Automation rose $1.22 (1.3%) to $96.85 on heavy volume. Throughout the day, 1,338,673 shares of Rockwell Automation exchanged hands as compared to its average daily volume of 786,300 shares. The stock ranged in a price between $94.85-$97.43 after having opened the day at $94.85 as compared to the previous trading day's close of $95.63. Other companies within the Wholesale industry that increased today were: Navarre Corporation ( NAVR), up 6.5%, Taitron Components Inc. Class A ( TAIT), up 4.9%, China Auto Logistics ( CALI), up 3.8% and Armco Metals Holdings ( CNAM), up 3.2%.

Rockwell Automation, Inc. provides industrial automation power, control, and information solutions. It operates in two segments, Architecture & Software and Control Products & Solutions. Rockwell Automation has a market cap of $12.6 billion and is part of the industrial goods sector. Shares are up 13.9% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Rockwell Automation a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Rockwell Automation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Hudson Technology ( HDSN), down 16.1%, Bluelinx Holdings ( BXC), down 9.8%, Lawson Products ( LAWS), down 5.6% and Spartan Stores ( SPTN), down 2.8% , were all laggards within the wholesale industry with LKQ Corporation ( LKQ) being today's wholesale industry laggard.

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.
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