3 Stocks Boosting The Wholesale 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 are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 52 points (0.3%) at 17,129 as of Tuesday, Aug. 26, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,998 issues advancing vs. 975 declining with 164 unchanged.

The Wholesale industry currently is unchanged today versus the S&P 500, which is up 0.2%. A company within the industry that fell today was W W Grainger ( GWW), up 0.6%.

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

3. Avnet ( AVT) is one of the companies pushing the Wholesale industry higher today. As of noon trading, Avnet is up $0.50 (1.1%) to $44.95 on light volume. Thus far, 215,206 shares of Avnet exchanged hands as compared to its average daily volume of 685,200 shares. The stock has ranged in price between $44.57-$45.00 after having opened the day at $44.57 as compared to the previous trading day's close of $44.45.

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

Avnet, Inc., together with its subsidiaries, distributes electronic components, enterprise computer and storage products, IT solutions and services, and embedded subsystems in the Americas, Europe, the Middle East, Africa, and the Asia/Pacific. Avnet has a market cap of $6.1 billion and is part of the services sector. Shares are up 0.8% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who rate Avnet a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Avnet as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, attractive valuation levels 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 Avnet Ratings Report now.

STOCKS TO BUY: 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, Ingram Micro ( IM) is up $0.20 (0.7%) to $28.83 on average volume. Thus far, 624,694 shares of Ingram Micro exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $28.66-$28.93 after having opened the day at $28.70 as compared to the previous trading day's close of $28.63.

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

Ingram Micro Inc. distributes information technology (IT) products; and provides IT supply-chain, mobile device lifecycle, and logistics solutions worldwide. Ingram Micro has a market cap of $4.4 billion and is part of the services sector. Shares are up 22.0% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate Ingram Micro a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Ingram Micro as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, 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 sub par growth in net income. Get the full Ingram Micro Ratings Report now.

STOCKS TO BUY: 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, Hain Celestial Group ( HAIN) is up $1.42 (1.5%) to $97.59 on average volume. Thus far, 354,388 shares of Hain Celestial Group exchanged hands as compared to its average daily volume of 642,500 shares. The stock has ranged in price between $96.00-$98.20 after having opened the day at $96.16 as compared to the previous trading day's close of $96.17.

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

The Hain Celestial Group, Inc., together with its subsidiaries, manufactures, markets, distributes, and sells organic and natural products. Hain Celestial Group has a market cap of $4.8 billion and is part of the services sector. Shares are up 5.9% year-to-date as of the close of trading on Monday. Currently there are 8 analysts who rate Hain Celestial Group a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Hain Celestial Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Hain Celestial Group Ratings Report now.

STOCKS TO BUY: 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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