4 Stocks Pushing The Wholesale Industry Downward

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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 22 points (0.1%) at 15,897 as of Wednesday, Dec. 18, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,497 issues advancing vs. 1,411 declining with 169 unchanged.

The Wholesale industry currently is unchanged today versus the S&P 500, which is unchanged.

TheStreet would like to highlight 4 stocks pushing the industry lower today:

4. Arrow Electronics ( ARW) is one of the companies pushing the Wholesale industry lower today. As of noon trading, Arrow Electronics is down $0.64 (-1.2%) to $51.74 on light volume. Thus far, 118,328 shares of Arrow Electronics exchanged hands as compared to its average daily volume of 674,500 shares. The stock has ranged in price between $51.73-$52.79 after having opened the day at $52.58 as compared to the previous trading day's close of $52.38.

Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. It operates in two segments, Global Components and Global Enterprise Computing Solutions. Arrow Electronics has a market cap of $5.2 billion and is part of the services sector. Currently there are 4 analysts that rate Arrow Electronics a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Arrow Electronics as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Arrow Electronics Ratings Report now.

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

3. As of noon trading, Avnet ( AVT) is down $0.42 (-1.0%) to $41.75 on light volume. Thus far, 177,972 shares of Avnet exchanged hands as compared to its average daily volume of 857,200 shares. The stock has ranged in price between $41.68-$42.28 after having opened the day at $42.28 as compared to the previous trading day's close of $42.17.

Avnet, Inc., together with its subsidiaries, distributes electronic components, enterprise computer and storage products, and embedded subsystems in the Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand. Avnet has a market cap of $5.7 billion and is part of the services sector. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 37.8% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Avnet a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Avnet as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, attractive valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Avnet Ratings Report now.

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

2. As of noon trading, LKQ Corporation ( LKQ) is down $0.38 (-1.2%) to $32.33 on light volume. Thus far, 390,545 shares of LKQ Corporation exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $32.33-$32.83 after having opened the day at $32.79 as compared to the previous trading day's close of $32.71.

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 $10.0 billion and is part of the consumer goods sector. The company has a P/E ratio of 33.8, above the S&P 500 P/E ratio of 17.7. Shares are up 55.0% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate LKQ Corporation a buy, no analysts rate it a sell, and 3 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, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full LKQ Corporation Ratings Report now.

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

1. As of noon trading, Magna International ( MGA) is down $0.61 (-0.8%) to $79.08 on heavy volume. Thus far, 528,281 shares of Magna International exchanged hands as compared to its average daily volume of 595,900 shares. The stock has ranged in price between $79.03-$80.50 after having opened the day at $79.58 as compared to the previous trading day's close of $79.69.

Magna International Inc. designs, develops, manufactures, and engineers automotive systems and components to original equipment manufacturers primarily in North America, Europe, and internationally. Magna International has a market cap of $17.7 billion and is part of the services sector. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 17.7. Shares are up 58.2% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Magna International a buy, 1 analyst rates it a sell, and 3 rate it a hold.

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

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

If you are interested in one of these 3 stocks, 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).

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