3 Wholesale Stocks Driving The 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 traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 115 points (0.7%) at 16,699 as of Monday, May 12, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 2,399 issues advancing vs. 608 declining with 135 unchanged.

The Wholesale industry as a whole closed the day up 2.4% versus the S&P 500, which was up 1.0%. Top gainers within the Wholesale industry included Rada Electronics Industries ( RADA), up 4.8%, China Metro-Rural Holdings ( CNR), up 21.9%, Watsco ( WSO.B), up 1.9%, China Auto Logistics ( CALI), up 5.7% and Bluelinx Holdings ( BXC), up 18.9%.

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

Bluelinx Holdings ( BXC) is one of the companies that pushed the Wholesale industry higher today. Bluelinx Holdings was up $0.21 (18.9%) to $1.32 on heavy volume. Throughout the day, 318,871 shares of Bluelinx Holdings exchanged hands as compared to its average daily volume of 154,600 shares. The stock ranged in a price between $1.15-$1.38 after having opened the day at $1.15 as compared to the previous trading day's close of $1.11.

Bluelinx Holdings has a market cap of $96.4 million and is part of the industrial goods sector. Shares are down 43.1% year-to-date as of the close of trading on Friday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Highlights from TheStreet Ratings analysis on BXC go as follows:

You can view the full analysis from the report here: Bluelinx Holdings Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

At the close, China Auto Logistics ( CALI) was up $0.11 (5.7%) to $2.03 on average volume. Throughout the day, 44,713 shares of China Auto Logistics exchanged hands as compared to its average daily volume of 48,600 shares. The stock ranged in a price between $1.98-$2.14 after having opened the day at $1.98 as compared to the previous trading day's close of $1.92.

China Auto Logistics Inc. sells and trades in imported automobiles in the People's Republic of China. It operates in five segments: Sales of Automobiles, Financing Services, Web-Based Advertising, Automobile Value Added Services, and Auto Mall Management Services. China Auto Logistics has a market cap of $7.5 million and is part of the industrial goods sector. Shares are down 47.5% year-to-date as of the close of trading on Friday. Currently there are no analysts who rate China Auto Logistics a buy, no analysts rate it a sell, and none rate it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates China Auto Logistics as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and disappointing return on equity.

Highlights from TheStreet Ratings analysis on CALI go as follows:

  • The net income growth from the same quarter one year ago has significantly exceeded that of the Specialty Retail industry average, but is less than that of the S&P 500. The net income increased by 15.8% when compared to the same quarter one year prior, going from -$2.18 million to -$1.84 million.
  • CHINA AUTO LOGISTICS INC has improved earnings per share by 18.6% in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, CHINA AUTO LOGISTICS INC reported lower earnings of $0.16 versus $0.67 in the prior year.
  • CALI's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 35.07%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Despite the heavy decline in its share price, this stock is still more expensive (when compared to its current earnings) than most other companies in its industry.
  • The gross profit margin for CHINA AUTO LOGISTICS INC is currently extremely low, coming in at 1.10%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of -1.58% trails that of the industry average.

You can view the full analysis from the report here: China Auto Logistics Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

China Metro-Rural Holdings ( CNR) was another company that pushed the Wholesale industry higher today. China Metro-Rural Holdings was up $0.16 (21.9%) to $0.88 on heavy volume. Throughout the day, 78,729 shares of China Metro-Rural Holdings exchanged hands as compared to its average daily volume of 15,900 shares. The stock ranged in a price between $0.75-$0.90 after having opened the day at $0.78 as compared to the previous trading day's close of $0.72.

China Metro-Rural Holdings has a market cap of $67.7 million and is part of the industrial goods sector. Shares are down 19.8% year-to-date as of the close of trading on Friday.

Highlights from TheStreet Ratings analysis on CNR go as follows:

You can view the full analysis from the report here: China Metro-Rural Holdings Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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.

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