Genuine Parts Company (GPC): 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.

Genuine Parts Company ( GPC) pushed the Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole closed the day down 0.6%. By the end of trading, Genuine Parts Company fell $0.95 (-1.1%) to $86.46 on average volume. Throughout the day, 1,102,208 shares of Genuine Parts Company exchanged hands as compared to its average daily volume of 808,600 shares. The stock ranged in price between $86.18-$87.36 after having opened the day at $87.36 as compared to the previous trading day's close of $87.41. Other companies within the Wholesale industry that declined today were: InfoSonics Corporation ( IFON), down 8.8%, Forward Industries ( FORD), down 8.2%, Taitron Components Inc. Class A ( TAIT), down 5.7% and Omnicare ( OCR), down 5.5%.

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 $13.3 billion and is part of the services sector. Shares are up 5.1% year to date as of the close of trading on Tuesday. 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, increase in stock price during the past year, notable return on equity, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Crystal Rock Holdings ( CRVP), up 8.5%, Addvantage Technologies Group ( AEY), up 2.8%, Huttig Building Products ( HBP), up 2.6% and Wayside Technology Group ( WSTG), up 2.0% , were all gainers within the wholesale industry with Wesco International ( WCC) 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

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices