McKesson Inc. (MCK): 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.

McKesson ( MCK) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day down 0.1%. By the end of trading, McKesson rose $1.34 (1.1%) to $124.43 on light volume. Throughout the day, 795,563 shares of McKesson exchanged hands as compared to its average daily volume of 1,110,600 shares. The stock ranged in a price between $123.28-$124.65 after having opened the day at $123.51 as compared to the previous trading day's close of $123.09. Other companies within the Wholesale industry that increased today were: Wesco Aircraft Holdings ( WAIR), up 4.1%, RTI International Metals ( RTI), up 3.5%, LKQ Corporation ( LKQ), up 2.8% and Louisiana-Pacific ( LPX), up 2.6%.

McKesson Corporation, together with its subsidiaries, delivers pharmaceuticals, medical supplies, and health care information technologies to the healthcare industry primarily in the United States. It operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions. McKesson has a market cap of $28.2 billion and is part of the services sector. Shares are up 26.9% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate McKesson a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates McKesson as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Global Partners ( GLP), down 11.9%, InfoSonics Corporation ( IFON), down 6.2%, Olympic Steel ( ZEUS), down 4.3% and Chindex International ( CHDX), down 4.2%.

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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