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.Cardinal Health ( CAH) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day down 0.3%. By the end of trading, Cardinal Health rose $1.35 (2.0%) to $68.55 on average volume. Throughout the day, 2,008,150 shares of Cardinal Health exchanged hands as compared to its average daily volume of 2,229,600 shares. The stock ranged in a price between $67.36-$68.69 after having opened the day at $67.79 as compared to the previous trading day's close of $67.20. Other companies within the Wholesale industry that increased today were: Susser Petroleum Partners ( SUSP), up 22.0%, Louisiana-Pacific ( LPX), up 3.0%, LKQ ( LKQ), up 2.1% and Tessco Technologies ( TESS), up 2.0%.
Cardinal Health, Inc., a healthcare services company, provides pharmaceutical and medical products and services in the United States and internationally. The company operates in two segments, Pharmaceutical and Medical. Cardinal Health has a market cap of $23.5 billion and is part of the services sector. The company has a P/E ratio of 67.4, above the S&P 500 P/E ratio of 17.7. Shares are up 0.6% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Cardinal Health a buy, no analysts rate it a sell, and 2 rate it a hold. TheStreet Ratings rates Cardinal Health as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.