Omnicare Inc (OCR): 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.

Omnicare ( OCR) pushed the Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Omnicare fell $1.09 (-2.0%) to $54.64 on heavy volume. Throughout the day, 1,914,837 shares of Omnicare exchanged hands as compared to its average daily volume of 1,023,500 shares. The stock ranged in price between $54.16-$55.80 after having opened the day at $55.77 as compared to the previous trading day's close of $55.73. Other companies within the Wholesale industry that declined today were: China Metro-Rural Holdings ( CNR), down 10.6%, Hain Celestial Group ( HAIN), down 3.9%, Edgen Group ( EDG), down 3.4% and Susser Petroleum Partners ( SUSP), down 3.0%.

Omnicare, Inc. operates as a healthcare services company that specializes in the management of pharmaceutical care in the United States and Canada. The company operates in two segments, Long-Term Care Group and Specialty Care Group. Omnicare has a market cap of $5.8 billion and is part of the services sector. Shares are up 55.1% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Omnicare a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Omnicare as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Rada Electronics Industries ( RADA), up 8.8%, SED International Holdings ( SED), up 6.4%, Crystal Rock Holdings ( CRVP), up 5.9% and InfoSonics Corporation ( IFON), up 5.6%.

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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