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 275 points (1.6%) at 16,994 as of Wednesday, Oct. 8, 2014, 4:20 PM ET. The NYSE advances/declines ratio sits at 2,500 issues advancing vs. 612 declining with 106 unchanged.

The Wholesale industry as a whole closed the day up 1.1% versus the S&P 500, which was up 1.7%. Top gainers within the Wholesale industry included Crystal Rock Holdings ( CRVP), up 3.9%, Armco Metals Holdings ( AMCO), up 11.6%, NL Industries ( NL), up 3.0%, Hudson Technologies ( HDSN), up 5.3% and Tessco Technologies ( TESS), up 5.4%.

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

Tessco Technologies ( TESS) is one of the companies that pushed the Wholesale industry higher today. Tessco Technologies was up $1.54 (5.4%) to $30.21 on heavy volume. Throughout the day, 28,505 shares of Tessco Technologies exchanged hands as compared to its average daily volume of 15,200 shares. The stock ranged in a price between $28.68-$30.46 after having opened the day at $28.74 as compared to the previous trading day's close of $28.67.

TESSCO Technologies Incorporated architects and delivers products and value chain solutions to organizations for building, operating, and maintaining wireless broadband systems primarily in the United States. Tessco Technologies has a market cap of $250.1 million and is part of the services sector. Shares are down 28.9% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Tessco Technologies a buy, no analysts rate it a sell, and 1 rates it a hold.

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TheStreet Ratings rates Tessco Technologies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Highlights from TheStreet Ratings analysis on TESS go as follows:

  • The revenue growth came in higher than the industry average of 4.3%. Since the same quarter one year prior, revenues slightly increased by 6.1%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • TESS's debt-to-equity ratio is very low at 0.02 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.08, which illustrates the ability to avoid short-term cash problems.
  • Net operating cash flow has significantly increased by 73.30% to -$2.78 million when compared to the same quarter last year. In addition, TESSCO TECHNOLOGIES INC has also vastly surpassed the industry average cash flow growth rate of 4.06%.
  • TESSCO TECHNOLOGIES INC's earnings per share declined by 13.7% in the most recent quarter compared to the same quarter a year ago. The company has suffered a declining pattern of earnings per share over the past two years. However, we anticipate this trend to reverse over the coming year. During the past fiscal year, TESSCO TECHNOLOGIES INC reported lower earnings of $1.94 versus $2.15 in the prior year. This year, the market expects an improvement in earnings ($2.09 versus $1.94).

You can view the full analysis from the report here: Tessco Technologies Ratings Report

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At the close, Hudson Technologies ( HDSN) was up $0.16 (5.3%) to $3.20 on average volume. Throughout the day, 93,035 shares of Hudson Technologies exchanged hands as compared to its average daily volume of 74,800 shares. The stock ranged in a price between $2.96-$3.20 after having opened the day at $3.02 as compared to the previous trading day's close of $3.04.

Hudson Technologies, Inc. operates as a refrigerant services company that provides solutions to the refrigeration industry in the United States and internationally. Hudson Technologies has a market cap of $101.9 million and is part of the services sector. Shares are down 17.8% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Hudson Technologies a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates Hudson Technologies as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

Highlights from TheStreet Ratings analysis on HDSN go as follows:

  • HDSN's revenue growth has slightly outpaced the industry average of 4.5%. Since the same quarter one year prior, revenues slightly increased by 7.0%. This growth in revenue does not appear to have trickled down to the company's bottom line, displaying stagnant earnings per share.
  • HDSN's debt-to-equity ratio is very low at 0.02 and is currently below that of the industry average, implying that there has been very successful management of debt levels. To add to this, HDSN has a quick ratio of 1.93, which demonstrates the ability of the company to cover short-term liquidity needs.
  • HUDSON TECHNOLOGIES INC reported flat earnings per share in the most recent quarter. The company has reported a trend of declining earnings per share over the past two years. However, the consensus estimate suggests that this trend should reverse in the coming year. During the past fiscal year, HUDSON TECHNOLOGIES INC swung to a loss, reporting -$0.24 versus $0.49 in the prior year. This year, the market expects an improvement in earnings ($0.01 versus -$0.24).
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Commercial Services & Supplies industry and the overall market, HUDSON TECHNOLOGIES INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for HUDSON TECHNOLOGIES INC is currently extremely low, coming in at 14.28%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 1.82% significantly trails the industry average.

You can view the full analysis from the report here: Hudson Technologies 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.

NL Industries ( NL) was another company that pushed the Wholesale industry higher today. NL Industries was up $0.20 (3.0%) to $6.95 on average volume. Throughout the day, 19,822 shares of NL Industries exchanged hands as compared to its average daily volume of 15,500 shares. The stock ranged in a price between $6.60-$6.98 after having opened the day at $6.61 as compared to the previous trading day's close of $6.75.

NL Industries, Inc., through its subsidiary, CompX International Inc., operates in the component products industry in the United States and internationally. NL Industries has a market cap of $331.0 million and is part of the services sector. Shares are down 39.6% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate NL Industries a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates NL Industries as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself.

Highlights from TheStreet Ratings analysis on NL go as follows:

  • NL's revenue growth has slightly outpaced the industry average of 4.5%. Since the same quarter one year prior, revenues rose by 11.7%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • NL has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 2.74, which clearly demonstrates the ability to cover short-term cash needs.
  • NL INDUSTRIES reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, NL INDUSTRIES swung to a loss, reporting -$1.13 versus $1.16 in the prior year. This year, the market expects an improvement in earnings ($0.45 versus -$1.13).
  • NL'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 38.85%, 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. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Commercial Services & Supplies industry and the overall market, NL INDUSTRIES's return on equity significantly trails that of both the industry average and the S&P 500.

You can view the full analysis from the report here: NL Industries 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.