3 Stocks Pushing The Wholesale 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 31 points (0.2%) at 16,439 as of Monday, April 21, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,695 issues advancing vs. 1,308 declining with 151 unchanged.

The Wholesale industry currently sits down 0.1% versus the S&P 500, which is up 0.2%.

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

3. Macquarie Infrastructure Company ( MIC) is one of the companies pushing the Wholesale industry higher today. As of noon trading, Macquarie Infrastructure Company is up $0.84 (1.5%) to $55.88 on light volume. Thus far, 64,226 shares of Macquarie Infrastructure Company exchanged hands as compared to its average daily volume of 312,000 shares. The stock has ranged in price between $55.03-$55.96 after having opened the day at $55.20 as compared to the previous trading day's close of $55.04.

Macquarie Infrastructure Company LLC, through its subsidiaries, owns, operates, and invests in infrastructure businesses that provide services to businesses and individuals primarily in the United States. Macquarie Infrastructure Company has a market cap of $3.1 billion and is part of the services sector. Shares are up 1.1% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts who rate Macquarie Infrastructure Company a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Macquarie Infrastructure Company as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Macquarie Infrastructure Company 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.

2. As of noon trading, Magna International ( MGA) is up $0.82 (0.8%) to $98.88 on light volume. Thus far, 205,352 shares of Magna International exchanged hands as compared to its average daily volume of 668,400 shares. The stock has ranged in price between $97.93-$99.10 after having opened the day at $98.18 as compared to the previous trading day's close of $98.06.

Magna International Inc. develops, manufactures, engineers, supplies, and sells automotive products. It operates through North America, Europe, Asia, and Rest of World segments. Magna International has a market cap of $21.5 billion and is part of the services sector. Shares are up 19.5% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts who rate Magna International a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Magna International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Magna International 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, Genuine Parts Company ( GPC) is up $0.51 (0.6%) to $87.83 on average volume. Thus far, 359,398 shares of Genuine Parts Company exchanged hands as compared to its average daily volume of 773,000 shares. The stock has ranged in price between $86.71-$88.09 after having opened the day at $87.24 as compared to the previous trading day's close of $87.32.

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 $13.4 billion and is part of the services sector. Shares are up 5.0% year-to-date as of the close of trading on Thursday. 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.

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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