Cardinal Health Inc (CAH): 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.

Cardinal Health ( CAH) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day down 0.6%. By the end of trading, Cardinal Health rose $0.59 (1.1%) to $52.19 on average volume. Throughout the day, 3,084,604 shares of Cardinal Health exchanged hands as compared to its average daily volume of 2,383,900 shares. The stock ranged in a price between $51.67-$52.25 after having opened the day at $51.79 as compared to the previous trading day's close of $51.60. Other companies within the Wholesale industry that increased today were: Taitron Components Inc. Class A ( TAIT), up 3.8%, Global Partners ( GLP), up 3.1%, Avnet ( AVT), up 2.2% and Magna International ( MGA), up 2.0%.

Cardinal Health, Inc., a healthcare services company, provides pharmaceutical and medical products and services in the United States and internationally. The company operates in two segments, Pharmaceutical and Medical. Cardinal Health has a market cap of $17.6 billion and is part of the services sector. Shares are up 25.3% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Cardinal Health a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Cardinal Health as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Rada Electronics Industries ( RADA), down 14.4%, InfoSonics Corporation ( IFON), down 12.2%, SED International Holdings ( SED), down 3.7% and Navarre Corporation ( NAVR), down 3.0%.

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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