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 down 0.4%. By the end of trading, Louisiana-Pacific fell $0.17 (-1.0%) to $16.82 on light volume. Throughout the day, 1,126,595 shares of Louisiana-Pacific exchanged hands as compared to its average daily volume of 2,702,600 shares. The stock ranged in price between $16.71-$17.13 after having opened the day at $17.01 as compared to the previous trading day's close of $16.99. Other companies within the Wholesale industry that declined today were: Crystal Rock Holdings ( CRVP), down 10.8%, China Metro-Rural Holdings ( CNR), down 8.0%, Speed Commerce ( SPDC), down 6.6% and Armco Metals Holdings ( AMCO), down 5.7%.

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures and sells building products for new home construction, repair and remodeling, manufactured housing, and light industrial and commercial construction. Louisiana-Pacific has a market cap of $2.4 billion and is part of the services sector. Shares are down 8.2% year to date as of the close of trading on Wednesday. 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, Bluelinx Holdings ( BXC), up 4.5%, Aegean Marine Petroleum Network ( ANW), up 3.2%, VOXX International ( VOXX), up 2.8% and Huttig Building Products ( HBP), up 2.2% , were all gainers within the wholesale industry with McKesson ( MCK) 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.

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