Louisiana-Pacific Corp. (LPX): 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.

Louisiana-Pacific ( LPX) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day down 0.5%. By the end of trading, Louisiana-Pacific rose $0.20 (1.2%) to $17.04 on average volume. Throughout the day, 3,031,857 shares of Louisiana-Pacific exchanged hands as compared to its average daily volume of 3,075,300 shares. The stock ranged in a price between $16.81-$17.45 after having opened the day at $17.03 as compared to the previous trading day's close of $16.84. Other companies within the Wholesale industry that increased today were: Universal Power Group ( UPG), up 11.9%, LB Foster Company ( FSTR), up 6.9%, Hudson Technology ( HDSN), up 2.4% and Spartan Stores ( SPTN), up 2.3%.

Louisiana-Pacific Corporation, together with its subsidiaries, engages in manufacturing and distributing building products for new home construction, repair and remodeling, manufactured housing, and light industrial and commercial construction. Louisiana-Pacific has a market cap of $2.3 billion and is part of the services sector. Shares are down 12.8% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Louisiana-Pacific a buy, 3 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Louisiana-Pacific as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Coast Distribution System ( CRV), down 9.5%, China Metro-Rural Holdings ( CNR), down 5.7%, Houston Wire & Cable Company ( HWCC), down 5.5% and Chindex International ( CHDX), down 4.4%.

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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