3 Stocks Dragging In The Wholesale Industry

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 lower today:

3. DXP ( DXPE) is one of the companies pushing the Wholesale industry lower today. As of noon trading, DXP is down $1.95 (-1.8%) to $106.26 on light volume. Thus far, 27,970 shares of DXP exchanged hands as compared to its average daily volume of 91,700 shares. The stock has ranged in price between $105.61-$108.67 after having opened the day at $108.67 as compared to the previous trading day's close of $108.21.

DXP Enterprises, Inc. is engaged in distributing maintenance, repair, and operating (MRO) products, equipment, and services to industrial customers in the United States. It operates through three segments: Service Centers, Supply Chain Services, and Innovative Pumping Solutions. DXP has a market cap of $1.6 billion and is part of the services sector. Shares are down 6.1% year-to-date as of the close of trading on Thursday. Currently there are no analysts that rate DXP a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates DXP 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, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full DXP Ratings Report now.

STOCKS TO BUY: 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, Anixter International ( AXE) is down $0.99 (-1.0%) to $96.80 on light volume. Thus far, 67,186 shares of Anixter International exchanged hands as compared to its average daily volume of 346,100 shares. The stock has ranged in price between $96.19-$98.25 after having opened the day at $97.73 as compared to the previous trading day's close of $97.79.

Anixter International Inc., together with its subsidiaries, distributes enterprise cabling and security solutions, electrical and electronic wire and cable products, original equipment manufacturer (OEM) supply fasteners, and other small parts. Anixter International has a market cap of $3.2 billion and is part of the services sector. Shares are up 8.8% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate Anixter International a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Anixter International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Anixter International Ratings Report now.

STOCKS TO BUY: 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, Wesco International ( WCC) is down $0.63 (-0.7%) to $86.08 on light volume. Thus far, 165,411 shares of Wesco International exchanged hands as compared to its average daily volume of 611,100 shares. The stock has ranged in price between $85.94-$87.12 after having opened the day at $86.78 as compared to the previous trading day's close of $86.71.

WESCO International, Inc. distributes electrical, industrial, and communications maintenance, repair, and operating (MRO) products; and original equipment manufacturers products and construction materials in North America and internationally. Wesco International has a market cap of $3.8 billion and is part of the services sector. Shares are down 4.8% year-to-date as of the close of trading on Thursday. Currently there are 11 analysts that rate Wesco International a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Wesco International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Wesco International Ratings Report now.

STOCKS TO BUY: 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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