LKQ Corporation (LKQ): 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.

LKQ Corporation ( LKQ) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day up 0.5%. By the end of trading, LKQ Corporation rose $0.88 (3.0%) to $30.69 on heavy volume. Throughout the day, 1,891,477 shares of LKQ Corporation exchanged hands as compared to its average daily volume of 1,260,900 shares. The stock ranged in a price between $29.92-$31.07 after having opened the day at $29.98 as compared to the previous trading day's close of $29.81. Other companies within the Wholesale industry that increased today were: InfoSonics Corporation ( IFON), up 11.9%, China Metro-Rural Holdings ( CNR), up 7.1%, Armco Metals Holdings ( AMCO), up 5.4% and Armco Metals Holdings ( CNAM), up 5.4%.

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 $8.9 billion and is part of the consumer goods sector. Shares are up 41.3% year to date as of the close of trading on Friday. 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, good cash flow from operations, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Taitron Components Inc. Class A ( TAIT), down 5.4%, Edgen Group ( EDG), down 4.6%, Hudson Technology ( HDSN), down 3.3% and Forward Industries ( FORD), down 3.1% , were all laggards within the wholesale industry with Sysco Corporation ( SYY) 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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