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 0.5%. By the end of trading, Louisiana-Pacific fell $0.33 (-1.8%) to $18.31 on light volume. Throughout the day, 1,995,075 shares of Louisiana-Pacific exchanged hands as compared to its average daily volume of 2,936,600 shares. The stock ranged in price between $18.20-$18.69 after having opened the day at $18.60 as compared to the previous trading day's close of $18.64. Other companies within the Wholesale industry that declined today were: Chefs Warehouse Holdings ( CHEF), down 4.9%, DXP ( DXPE), down 4.0%, China Metro-Rural Holdings ( CNR), down 2.6% and Olympic Steel ( ZEUS), down 2.1%.

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. Shares are down 1.0% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Louisiana-Pacific a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Louisiana-Pacific as a hold. 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 and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow.

On the positive front, Armco Metals Holdings ( AMCO), up 22.9%, Speed Commerce ( SPDC), up 8.7%, Coast Distribution System ( CRV), up 6.3% and Amcon Distributing Company ( DIT), up 4.2% , were all gainers within the wholesale industry with MSC Industrial Direct ( MSM) 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).

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