Patterson Companies Inc. (PDCO): 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.

Patterson Companies ( PDCO) pushed the Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole closed the day up 1.0%. By the end of trading, Patterson Companies fell $0.59 (-1.4%) to $40.78 on average volume. Throughout the day, 902,683 shares of Patterson Companies exchanged hands as compared to its average daily volume of 804,900 shares. The stock ranged in price between $40.60-$41.82 after having opened the day at $41.75 as compared to the previous trading day's close of $41.37. Other companies within the Wholesale industry that declined today were: Prestige Brands Holdings ( PBH), down 3.0%, VOXX International ( VOXX), down 2.5%, Speed Commerce ( SPDC), down 2.4% and LKQ Corporation ( LKQ), down 2.4%.

Patterson Companies, Inc. distributes dental, veterinary, and rehabilitation supplies. Patterson Companies has a market cap of $4.3 billion and is part of the services sector. Shares are up 0.4% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Patterson Companies a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Patterson Companies 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, good cash flow from operations, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Armco Metals Holdings ( AMCO), up 8.8%, Taitron Components ( TAIT), up 7.2%, China Metro-Rural Holdings ( CNR), up 6.3% and InfoSonics Corporation ( IFON), up 5.7% , were all gainers within the wholesale industry with Cardinal Health ( CAH) 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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