3 Wholesale Stocks On The Rise

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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 42 points (-0.2%) at 17,072 as of Wednesday, July 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,641 issues advancing vs. 1,297 declining with 186 unchanged.

The Wholesale industry currently sits down 0.3% versus the S&P 500, which is up 0.1%. A company within the industry that fell today was United Natural Foods ( UNFI), up 1.7%.

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

3. LKQ ( LKQ) is one of the companies pushing the Wholesale industry higher today. As of noon trading, LKQ is up $0.25 (1.0%) to $25.80 on average volume. Thus far, 707,406 shares of LKQ exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $25.58-$25.86 after having opened the day at $25.64 as compared to the previous trading day's close of $25.55.

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 $7.9 billion and is part of the consumer goods sector. Shares are down 22.3% 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.

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