Genuine Parts Company (GPC): 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.

Genuine Parts Company ( GPC) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day up 1.1%. By the end of trading, Genuine Parts Company rose $1.98 (2.4%) to $83.97 on light volume. Throughout the day, 487,834 shares of Genuine Parts Company exchanged hands as compared to its average daily volume of 821,800 shares. The stock ranged in a price between $82.53-$84.04 after having opened the day at $82.66 as compared to the previous trading day's close of $81.99. Other companies within the Wholesale industry that increased today were: LKQ Corporation ( LKQ), up 11.7%, InfoSonics Corporation ( IFON), up 10.6%, Navarre Corporation ( NAVR), up 6.4% and Newport Corporation ( NEWP), up 6.3%.

Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Puerto Rico, the Dominican Republic, Mexico, and Canada. Genuine Parts Company has a market cap of $12.7 billion and is part of the services sector. Shares are up 29.0% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Genuine Parts Company a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Genuine Parts Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, China Metro-Rural Holdings ( CNR), down 12.4%, Armco Metals Holdings ( CNAM), down 11.2%, Armco Metals Holdings ( AMCO), down 7.1% and Taitron Components Inc. Class A ( TAIT), down 4.7%.

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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