Louisiana-Pacific Corp. (LPX): 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.

Louisiana-Pacific ( LPX) pushed the Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Louisiana-Pacific fell $0.34 (-1.8%) to $18.10 on average volume. Throughout the day, 2,659,327 shares of Louisiana-Pacific exchanged hands as compared to its average daily volume of 2,544,200 shares. The stock ranged in price between $17.97-$18.30 after having opened the day at $18.20 as compared to the previous trading day's close of $18.44. Other companies within the Wholesale industry that declined today were: LKQ Corporation ( LKQ), down 8.8%, Armco Metals Holdings ( AMCO), down 7.6%, China Metro-Rural Holdings ( CNR), down 3.0% and Crystal Rock Holdings ( CRVP), down 1.9%.

Louisiana-Pacific Corporation, together with its subsidiaries, engages in manufacturing and distributing building products for new home construction, repair and remodeling, manufactured housing, and light industrial and commercial construction. Louisiana-Pacific has a market cap of $2.6 billion and is part of the services sector. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7. Shares are down 0.4% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Louisiana-Pacific a buy, 1 analyst rates it a sell, and 1 rates it a hold.

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

On the positive front, Newport Corporation ( NEWP), up 7.2%, InfoSonics Corporation ( IFON), up 5.6%, Aegean Marine Petroleum Network ( ANW), up 4.4% and Tech Data Corporation ( TECD), up 4.3% , were all gainers within the wholesale industry with Genuine Parts Company ( GPC) being today's featured wholesale industry leader.

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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