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.

If you liked this article you might like

These Stocks Pay You to Own Them

GM's Cautious Tone Sets Auto Parts Stocks Rising

Advanced Trade: Advance Auto Parts

Three Auto Parts Stocks Ready to Put the Pedal to the Metal

Jim Cramer -- Genuine Parts Doesn't Get Enough Credit