Wholesale Stocks On The Rise With Help From 3 Stocks

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 37 points (0.2%) at 16,943 as of Wednesday, July 9, 2014, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,468 issues advancing vs. 1,471 declining with 161 unchanged.

The Wholesale industry currently is unchanged today versus the S&P 500, which is up 0.3%.

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

3. Genuine Parts ( GPC) is one of the companies pushing the Wholesale industry higher today. As of noon trading, Genuine Parts is up $0.48 (0.6%) to $88.36 on light volume. Thus far, 151,493 shares of Genuine Parts exchanged hands as compared to its average daily volume of 581,200 shares. The stock has ranged in price between $87.85-$88.71 after having opened the day at $87.97 as compared to the previous trading day's close of $87.88.

Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Puerto Rico, the Dominican Republic, Mexico, and Canada. Genuine Parts has a market cap of $13.6 billion and is part of the services sector. Shares are up 5.6% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Genuine Parts a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Genuine Parts as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Genuine Parts Ratings Report now.

3x UPSIDE POTENTIAL: 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, LKQ ( LKQ) is up $0.42 (1.6%) to $26.91 on light volume. Thus far, 623,589 shares of LKQ exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $26.21-$26.92 after having opened the day at $26.21 as compared to the previous trading day's close of $26.49.

LKQ Corporation, together with its subsidiaries, provides replacement parts, components, and systems needed to repair cars and trucks in the United States, the United Kingdom, the Netherlands, Belgium, Northern France, Canada, Mexico, and Central America. LKQ has a market cap of $8.2 billion and is part of the consumer goods sector. Shares are down 19.5% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts who rate LKQ a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates LKQ as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full LKQ Ratings Report now.

3x UPSIDE POTENTIAL: 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, Sysco ( SYY) is up $0.26 (0.7%) to $37.01 on light volume. Thus far, 844,783 shares of Sysco exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $36.78-$37.04 after having opened the day at $36.83 as compared to the previous trading day's close of $36.75.

Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry. Sysco has a market cap of $21.7 billion and is part of the services sector. Shares are up 1.8% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Sysco a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Sysco as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Sysco Ratings Report now.

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 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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