4 Stocks Moving The Wholesale Industry Upward

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 91 points (-0.6%) at 15,838 as of Wednesday, Jan. 29, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 929 issues advancing vs. 2,026 declining with 145 unchanged.

The Wholesale industry currently is unchanged today versus the S&P 500, which is down 0.4%.

TheStreet would like to highlight 4 stocks pushing the industry higher today:

4. Airgas ( ARG) is one of the companies pushing the Wholesale industry higher today. As of noon trading, Airgas is up $1.22 (1.1%) to $108.65 on light volume. Thus far, 104,386 shares of Airgas exchanged hands as compared to its average daily volume of 347,600 shares. The stock has ranged in price between $106.63-$108.84 after having opened the day at $107.05 as compared to the previous trading day's close of $107.43.

Airgas, Inc., together with its subsidiaries, supplies industrial, medical and specialty gases, and hardgoods. The company operates through two business segments, Distribution and All Other Operations. Airgas has a market cap of $7.9 billion and is part of the basic materials sector. The company has a P/E ratio of 23.3, above the S&P 500 P/E ratio of 17.7. Shares are down 4.0% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Airgas a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Airgas as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Airgas Ratings Report now.

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