PBH, GPC And GWW, 3 Wholesale Stocks Pushing The Industry Lower

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Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 48 points (0.3%) at 16,465 as of Friday, Jan. 17, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,451 issues advancing vs. 1,447 declining with 177 unchanged.

The Wholesale industry currently sits up 0.9% versus the S&P 500, which is down 0.1%. A company within the industry that fell today was LKQ Corporation ( LKQ), up 2.7%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Prestige Brands Holdings ( PBH) is one of the companies pushing the Wholesale industry lower today. As of noon trading, Prestige Brands Holdings is down $1.28 (-3.9%) to $31.76 on average volume. Thus far, 203,528 shares of Prestige Brands Holdings exchanged hands as compared to its average daily volume of 324,400 shares. The stock has ranged in price between $31.76-$32.92 after having opened the day at $32.81 as compared to the previous trading day's close of $33.04.

Prestige Brands Holdings, Inc., through its subsidiaries, engages in the marketing, sale, and distribution of over-the-counter healthcare and household cleaning products in North America and internationally. It operates through two segments, Over-The-Counter Healthcare and Household Cleaning. Prestige Brands Holdings has a market cap of $1.7 billion and is part of the services sector. The company has a P/E ratio of 20.5, above the S&P 500 P/E ratio of 17.7. Shares are down 7.7% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts that rate Prestige Brands Holdings a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Prestige Brands Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Prestige Brands Holdings Ratings Report now.

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2. As of noon trading, Genuine Parts Company ( GPC) is down $0.51 (-0.6%) to $84.09 on average volume. Thus far, 358,461 shares of Genuine Parts Company exchanged hands as compared to its average daily volume of 726,900 shares. The stock has ranged in price between $83.69-$84.67 after having opened the day at $84.67 as compared to the previous trading day's close of $84.60.

Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Puerto Rico, the Dominican Republic, Mexico, and Canada. Genuine Parts Company has a market cap of $12.9 billion and is part of the services sector. The company has a P/E ratio of 18.7, above the S&P 500 P/E ratio of 17.7. Shares are up 1.7% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst that rates Genuine Parts Company a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Genuine Parts Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, 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 shows low profit margins. Get the full Genuine Parts Company Ratings Report now.

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1. As of noon trading, W.W. Grainger ( GWW) is down $1.97 (-0.7%) to $263.97 on light volume. Thus far, 129,539 shares of W.W. Grainger exchanged hands as compared to its average daily volume of 369,900 shares. The stock has ranged in price between $263.05-$266.96 after having opened the day at $265.18 as compared to the previous trading day's close of $265.94.

W.W. Grainger, Inc. distributes maintenance, repair, and operating supplies, as well as other related products and services for businesses and institutions primarily in the United States and Canada. W.W. Grainger has a market cap of $18.3 billion and is part of the services sector. The company has a P/E ratio of 23.8, above the S&P 500 P/E ratio of 17.7. Shares are up 4.1% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts that rate W.W. Grainger a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates W.W. Grainger as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full W.W. Grainger 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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