3 Wholesale Stocks Pushing The Industry Higher

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 17 points (-0.1%) at 16,556 as of Thursday, April 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,086 issues advancing vs. 1,855 declining with 176 unchanged.

The Wholesale industry currently sits down 0.5% versus the S&P 500, which is down 0.3%. A company within the industry that increased today was Fastenal Company ( FAST), up 1.4%. A company within the industry that fell today was McKesson ( MCK), up 1.2%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Genuine Parts Company ( GPC) is one of the companies pushing the Wholesale industry higher today. As of noon trading, Genuine Parts Company is up $0.44 (0.5%) to $87.44 on average volume. Thus far, 336,613 shares of Genuine Parts Company exchanged hands as compared to its average daily volume of 802,600 shares. The stock has ranged in price between $87.27-$87.95 after having opened the day at $87.71 as compared to the previous trading day's close of $87.00.

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 4.6% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who 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, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Genuine Parts Company Ratings Report now.

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2. As of noon trading, LKQ Corporation ( LKQ) is up $0.56 (2.1%) to $27.62 on light volume. Thus far, 1.1 million shares of LKQ Corporation exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $26.96-$27.74 after having opened the day at $27.14 as compared to the previous trading day's close of $27.06.

LKQ Corporation, together with its subsidiaries, provides replacement parts, components, and systems needed to repair cars and trucks in the United States, the United Kingdom, the Netherlands, Belgium, Northern France, Canada, Mexico, and Central America. LKQ Corporation has a market cap of $8.2 billion and is part of the consumer goods sector. Shares are down 17.8% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate LKQ Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates LKQ Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full LKQ Corporation Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading, W.W. Grainger ( GWW) is up $1.32 (0.5%) to $256.30 on light volume. Thus far, 163,312 shares of W.W. Grainger exchanged hands as compared to its average daily volume of 552,300 shares. The stock has ranged in price between $254.48-$257.20 after having opened the day at $255.48 as compared to the previous trading day's close of $254.98.

W.W. Grainger, Inc. operates as a distributor of maintenance, repair, and operating (MRO) supplies; and other related products and services that are used by businesses and institutions in the United States and Canada. W.W. Grainger has a market cap of $17.4 billion and is part of the services sector. Shares are down 0.2% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts who rate W.W. Grainger a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates W.W. Grainger as a buy. 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, notable return on equity, growth in earnings per share and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full W.W. Grainger Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you are interested in one of these 3 stocks, 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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