Hain Celestial Group Inc. (HAIN): Today's Featured Wholesale Laggard

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.

Hain Celestial Group ( HAIN) pushed the Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole closed the day up 0.7%. By the end of trading, Hain Celestial Group fell $1.67 (-2.0%) to $80.21 on heavy volume. Throughout the day, 1,929,645 shares of Hain Celestial Group exchanged hands as compared to its average daily volume of 469,500 shares. The stock ranged in price between $79.25-$80.41 after having opened the day at $79.35 as compared to the previous trading day's close of $81.88. Other companies within the Wholesale industry that declined today were: SED International Holdings ( SED), down 4.6%, Armco Metals Holdings ( CNAM), down 4.3%, Armco Metals Holdings ( AMCO), down 4.3% and Chefs Warehouse Holdings ( CHEF), down 2.9%.

The Hain Celestial Group, Inc., together with its subsidiaries, manufactures, markets, distributes, and sells natural and organic products. Hain Celestial Group has a market cap of $3.9 billion and is part of the services sector. Shares are up 51.0% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Hain Celestial Group a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Hain Celestial Group 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, increase in net income, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Bluelinx Holdings ( BXC), up 9.2%, Coast Distribution System ( CRV), up 8.2%, Forward Industries ( FORD), up 5.1% and Aegean Marine Petroleum Network ( ANW), up 3.6% , were all gainers within the wholesale industry with Rockwell Automation ( ROK) being today's featured wholesale industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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