Wesco International Inc (WCC): Today's Featured Wholesale Winner

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.

Wesco International ( WCC) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day down 0.6%. By the end of trading, Wesco International rose $2.85 (3.3%) to $88.57 on average volume. Throughout the day, 774,267 shares of Wesco International exchanged hands as compared to its average daily volume of 613,400 shares. The stock ranged in a price between $85.00-$89.17 after having opened the day at $86.72 as compared to the previous trading day's close of $85.72. Other companies within the Wholesale industry that increased today were: Hudson Technology ( HDSN), up 3.9%, Empire Resources ( ERS), up 1.9% and Magna International ( MGA), up 1.8%.

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 5.9% year to date as of the close of trading on Wednesday. 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.

On the negative front, Ingram Micro ( IM), down 9.2%, Armco Metals Holdings ( AMCO), down 5.6%, Arrow Electronics ( ARW), down 2.6% and United Stationers ( USTR), down 2.5% , were all laggards within the wholesale industry with Avnet ( AVT) being today's wholesale industry laggard.

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).

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 liked this article you might like

Analysts' Actions -- Adobe, AMD, Chegg, Okta and More

Analysts' Actions -- Snap, Greif, Wesco, Zagg and More

Analysts' Actions -- ConocoPhillips, Discover, DineEquity, Maxim and More

Wesco (WCC) Stock Upgraded to 'Buy' at Longbow

Perilous Reversal Watch: WESCO International (WCC)