LKQ Corporation (LKQ): Today's Featured Wholesale Laggard

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.

LKQ Corporation ( LKQ) pushed the Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole closed the day up 0.1%. By the end of trading, LKQ Corporation fell $0.32 (-1.2%) to $26.07 on average volume. Throughout the day, 1,105,531 shares of LKQ Corporation exchanged hands as compared to its average daily volume of 1,190,100 shares. The stock ranged in price between $26.02-$26.68 after having opened the day at $26.55 as compared to the previous trading day's close of $26.39. Other companies within the Wholesale industry that declined today were: 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%.

LKQ Corporation, together with its subsidiaries, provides replacement parts, components, and systems needed to repair vehicles, primarily cars and trucks in the United States, the United Kingdom, Canada, Mexico, and Central America. LKQ Corporation has a market cap of $7.8 billion and is part of the consumer goods sector. Shares are up 23.5% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate LKQ Corporation a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates LKQ Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, solid stock price performance, expanding profit margins 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 disappointing return on equity.

On the positive front, 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% , were all gainers within the wholesale industry with Rockwell Automation ( ROK) being today's featured wholesale industry leader.

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).

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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