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.

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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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