Anixter International Inc (AXE): 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.

Anixter International ( AXE) pushed the Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Anixter International fell $1.07 (-1.1%) to $96.72 on light volume. Throughout the day, 206,373 shares of Anixter International exchanged hands as compared to its average daily volume of 346,100 shares. The stock 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. Other companies within the Wholesale industry that declined today were: Amcon Distributing Company ( DIT), down 3.4%, Peerless Systems Corporation ( PRLS), down 3.4%, Park-Ohio Holdings ( PKOH), down 1.9% and Armco Metals Holdings ( AMCO), down 1.7%.

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.

On the positive front, Wayside Technology Group ( WSTG), up 5.1%, Huttig Building Products ( HBP), up 3.8%, China Auto Logistics ( CALI), up 3.3% and Louisiana-Pacific ( LPX), up 3.0%.

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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