Wesco International Inc. (WCC): 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.

Wesco International ( WCC) pushed the Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Wesco International fell $0.96 (-1.0%) to $92.85 on light volume. Throughout the day, 314,953 shares of Wesco International exchanged hands as compared to its average daily volume of 476,300 shares. The stock ranged in price between $92.54-$93.96 after having opened the day at $93.90 as compared to the previous trading day's close of $93.81. Other companies within the Wholesale industry that declined today were: LKQ Corporation ( LKQ), down 4.6%, Prestige Brands Holdings ( PBH), down 4.1%, Taitron Components Inc. Class A ( TAIT), down 3.6% and Aegean Marine Petroleum Network ( ANW), down 3.6%.

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 $4.1 billion and is part of the services sector. The company has a P/E ratio of 19.9, above the S&P 500 P/E ratio of 17.7. Shares are up 3.0% year to date as of the close of trading on Thursday. Currently there are 9 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.

On the positive front, Armco Metals Holdings ( AMCO), up 54.1%, Rada Electronics Industries ( RADA), up 2.9%, Addvantage Technologies Group ( AEY), up 2.2% and Lawson Products ( LAWS), up 2.2% , were all gainers within the wholesale industry with Omnicare ( OCR) 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.

More from Markets

Global Stocks Edge Higher, But Bond Yields, Oil Prices May Test Market Strength

Global Stocks Edge Higher, But Bond Yields, Oil Prices May Test Market Strength

Sohn Conference Briefly Distracts From Barrage of Earnings -- ICYMI

Sohn Conference Briefly Distracts From Barrage of Earnings -- ICYMI

Dow and Nasdaq Finish Lower as 10-Year Treasury Yield Hovers Near 3%

Dow and Nasdaq Finish Lower as 10-Year Treasury Yield Hovers Near 3%

Video: Stop Using Student Loan Money to Buy Bitcoin

Video: Stop Using Student Loan Money to Buy Bitcoin

Let the Najarian Brothers Crash-Proof Portfolio

Let the Najarian Brothers Crash-Proof Portfolio