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 up 0.8%. By the end of trading, McKesson rose $1.67 (1.3%) to $125.92 on light volume. Throughout the day, 725,782 shares of McKesson exchanged hands as compared to its average daily volume of 999,600 shares. The stock ranged in a price between $124.54-$125.94 after having opened the day at $124.97 as compared to the previous trading day's close of $124.25. Other companies within the Wholesale industry that increased today were: China Metro-Rural Holdings ( CNR), up 7.2%, China Auto Logistics ( CALI), up 5.9%, VOXX International ( VOXX), up 3.0% and MSC Industrial Direct ( MSM), up 2.9%.
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 28.1% year to date as of the close of trading on Monday. 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, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins.