MENU
Go to the list of all blogs
Anna G's Avatar
published in Blogs
Dec 12, 2023

Top Wholesale Distributors $GWW, $FAST, $AIT, $WCC, $BXC Surge +2.37% in a Week, Forecasting Bright Futures

AI Trading for Wholesale Distributors: Swing Trader Strategies for Up and Down Markets! Explore these beginner-friendly AI strategies for effective market navigation!

  1. Swing Trader for Beginners: Trading in Markets Trending Down (TA&FA) - Ideal for trading Wholesale Distributors in downtrending markets, focusing on short-term opportunities.

  2. Swing Trader for Beginners: Trading in Markets Trending Up (TA&FA) -  Tailored for identifying short-term trades in upward trending markets for Wholesale Distributors.

Wholesale Distributors: Navigating a New Era with a 2.37% Weekly Gain

This blog takes a closer look at the Wholesale Distributors industry, which has recently seen a 2.37% gain in just one week. We'll explore how digital transformation, customer demand, and emerging market trends are influencing companies like Fastenal Company and W.W. Grainger, Inc., and what this means for traders.

Tickers in Wholesale Distributors:

$GWW -x- $FAST -x-  $AIT -x-  $BECN -x- $BXC -x- $DXPE -x-  $EVI -x- $DSGR -x- $MSM -x- $GIC -x-  $TITN -x- $TRNS -x- $WCC -x- $WSO -x- $POOL -x- $SITE -x- $FERG -x- $CNM

Ticker Highlights

  1. $GIC

    • Bullish signal from Stochastic Oscillator with a 78% chance of price increase.
    • Currently trading between $41.32 and $30.76 resistance lines.
  2. $WCC

    • Crossing above its 50-day MA, indicating an upward trend with a 90% success rate.
    • Stock is navigating between $170.91 and $137.80 resistance.
  3. $GWW

    • Showing a +1.11% uptrend, with historical data suggesting a 63% likelihood of continued growth.
    • Trading between $899.30 support and $689.77 resistance.
  4. $FAST

    • Positive MACD crossover indicates a 69% chance of continued rise.
    • The stock is between $63.57 and $60.88 support lines.
  5. $AIT

    • Bullish trend indicated by the 10-day MA crossing above the 50-day MA, with a 79% probability of further growth.
    • Current price is between $188.08 resistance and $158.24 support.

🔄 Industry Shifts and Challenges

The Wholesale Distributors industry, vital in bridging manufacturers and retailers, is experiencing a transformative phase. With digitization, increased competition, and evolving customer demands, companies are rethinking their business models and strategies. Embracing data, analytics, and technology has become crucial for anticipating consumer needs.

📈 Market Movement and Outlook

The sector's positive trajectory, highlighted by a 2.37% gain in a week and a strong buy rating, is underpinned by the MA50MA10 Indicator. Tickeron's optimistic forecast predicts a further increase of over 4.00% in the next month, with a 76% probability.

💹 Market Capitalization

The industry's average market cap is at 6.9B, with $GWW leading at 40.2B. The smallest cap in the group is $SCOO, valued at 70.2K.

📊 Price Fluctuations

The industry saw an average weekly price growth of 1.83%, with $RUSMF topping at 8.93% growth. Conversely, $KHDHF experienced the largest drop at -3.5%.

🔊 Volume Insights

An average weekly volume growth of 32.55% demonstrates active trading within the sector. Notably, Beacon Roofing Supply and Core & Main showed significant volume increases.

📉 Fundamental Analysis Ratings

  • Valuation Rating: 53
  • P/E Growth Rating: 46
  • Price Growth Rating: 49
  • SMR Rating: 51
  • Profit Risk Rating: 53
  • Seasonality Score: 10 (-100 ... +100)

The Wholesale Distributors industry is charting a course through a period of significant change, leveraging technology and data analytics to stay ahead. With companies like $GWW, $WCC, $GIC, $FAST, and $AIT leading the way, the sector presents interesting opportunities for traders. As the industry adapts to new challenges, its dynamic nature offers a wealth of possibilities for market participants.

Related Ticker: GWW, FAST, AIT, BECN, BXC, DXPE, EVI, DSGR, MSM, GIC, TITN, TRNS, WCC, WSO, POOL, SITE, FERG, CNM

Momentum Indicator for GWW turns negative, indicating new downward trend

GWW saw its Momentum Indicator move below the 0 level on January 31, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 85 similar instances where the indicator turned negative. In of the 85 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for GWW turned negative on February 03, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GWW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for GWW entered a downward trend on January 15, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GWW advanced for three days, in of 352 cases, the price rose further within the following month. The odds of a continued upward trend are .

GWW may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 59, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GWW’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: GWW's P/B Ratio (15.924) is very high in comparison to the industry average of (4.278). P/E Ratio (27.868) is within average values for comparable stocks, (34.609). Projected Growth (PEG Ratio) (2.930) is also within normal values, averaging (2.470). Dividend Yield (0.007) settles around the average of (0.025) among similar stocks. GWW's P/S Ratio (3.069) is slightly higher than the industry average of (1.551).

Notable companies

The most notable companies in this group are Fastenal Company (NASDAQ:FAST).

Industry description

Companies in this industry handle the wholesale shipments for the manufacturer of a product. They have warehouses and distribution centers, and they ship products directly to the retailer. Digitization, increasing competition, emerging customer demand, and product innovation are some of shifts that the industry has been facing in recent times – something that is potentially creating needs/opportunities for business model revisions or transformations. Data, analytics, and technology are becoming increasingly important for whole distributors in anticipating and analyzing consumer needs, and therefore planning their business strategies accordingly. Fastenal Company, W.W. Grainger, Inc., Genuine Parts Company and Pool Corporation are some of the largest names in the business.

Market Cap

The average market capitalization across the Wholesale Distributors Industry is 8.02B. The market cap for tickers in the group ranges from 70.2K to 49.98B. GWW holds the highest valuation in this group at 49.98B. The lowest valued company is SCOO at 70.2K.

High and low price notable news

The average weekly price growth across all stocks in the Wholesale Distributors Industry was -1%. For the same Industry, the average monthly price growth was -0%, and the average quarterly price growth was 3%. TITN experienced the highest price growth at 5%, while TRNS experienced the biggest fall at -8%.

Volume

The average weekly volume growth across all stocks in the Wholesale Distributors Industry was -1%. For the same stocks of the Industry, the average monthly volume growth was 44% and the average quarterly volume growth was 26%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 44
Price Growth Rating: 60
SMR Rating: 61
Profit Risk Rating: 58
Seasonality Score: -56 (-100 ... +100)
View a ticker or compare two or three
BXC
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Operates as a holding company and distributes building products

Industry WholesaleDistributors

Profile
Fundamentals
Details
Industry
Wholesale Distributors
Address
1950 Spectrum Circle
Phone
+1 770 953-7000
Employees
2000
Web
https://www.bluelinxco.com