Cardinal Health Inc (CAH): 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.

Cardinal Health ( CAH) 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, Cardinal Health rose $0.66 (1.0%) to $66.79 on light volume. Throughout the day, 1,294,349 shares of Cardinal Health exchanged hands as compared to its average daily volume of 3,062,800 shares. The stock ranged in a price between $66.24-$66.91 after having opened the day at $66.25 as compared to the previous trading day's close of $66.13. Other companies within the Wholesale industry that increased today were: China Auto Logistics ( CALI), up 19.0%, Huttig Building Products ( HBP), up 6.0%, Addvantage Technologies Group ( AEY), up 4.1% and Rada Electronics Industries ( RADA), up 3.5%.

Cardinal Health, Inc., a healthcare services company, provides pharmaceutical and medical products and services in the United States and internationally. The company operates in two segments, Pharmaceutical and Medical. Cardinal Health has a market cap of $22.8 billion and is part of the services sector. Shares are down 1.0% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Cardinal Health a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Cardinal Health as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, solid stock price performance, growth in earnings per share, 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 has had somewhat disappointing return on equity.

On the negative front, Speed Commerce ( SPDC), down 4.8%, Armco Metals Holdings ( AMCO), down 4.0% and Forward Industries ( FORD), down 3.2%.

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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