Wesco International Inc. (WCC): Today's Featured Wholesale Winner

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.

Wesco International ( WCC) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day up 1.5%. By the end of trading, Wesco International rose $1.26 (1.4%) to $90.29 on light volume. Throughout the day, 400,471 shares of Wesco International exchanged hands as compared to its average daily volume of 544,200 shares. The stock ranged in a price between $88.99-$90.32 after having opened the day at $89.83 as compared to the previous trading day's close of $89.03. Other companies within the Wholesale industry that increased today were: Watsco ( WSO.B), up 24.0%, Huttig Building Products ( HBP), up 6.2%, Olympic Steel ( ZEUS), up 5.0% and Taitron Components Inc. Class A ( TAIT), up 4.7%.

WESCO International, Inc. engages in the distribution of electrical, industrial, and communications maintenance, repair, and operating (MRO) products; and original equipment manufacturers products and construction materials. It also provides supply chain management and logistics services. Wesco International has a market cap of $3.9 billion and is part of the services sector. The company has a P/E ratio of 19.0, above the S&P 500 P/E ratio of 17.7. Shares are up 32.0% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Wesco International a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Wesco 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, 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 shows weak operating cash flow.

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).

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