5 Stocks Pushing The Services Sector Higher
TheStreet Ratings group would like to highlight 5 stocks pushing the services sector higher today, Nov. 16, 2012.Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 40 points (0.3%) at 12,582 as of Friday, Nov. 16, 2012, 11:59 AM ET. The NYSE advances/declines ratio sits at 1,549 issues advancing vs. 1,392 declining with 99 unchanged. The Services sector currently sits down 0.7% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Schiff Nutrition International ( SHF), up 28.6%, OfficeMax ( OMX), up 21.5%, Whirlpool Corporation ( WHR), up 1.8%, Las Vegas Sands ( LVS), up 2.1% and AutoZone ( AZO), up 1.4%. On the negative front, top decliners within the sector include Sears Holdings Corporation ( SHLD), down 17.6%, Best Buy ( BBY), down 9.8%, Ctrip.com International ( CTRP), down 6.8%, Luxottica Group ( LUX), down 2.1% and Royal Caribbean Cruises ( RCL), down 1.9%. TheStreet Ratings group would like to highlight 5 stocks pushing the sector higher today: 5. Brazilian Distribution Company ( CBD) is one of the companies pushing the Services sector higher today. As of noon trading, Brazilian Distribution Company is up $0.54 (1.2%) to $44.44 on light volume Thus far, 122,769 shares of Brazilian Distribution Company exchanged hands as compared to its average daily volume of 387,900 shares. The stock has ranged in price between $44.32-$44.77 after having opened the day at $44.60 as compared to the previous trading day's close of $43.90. Companhia Brasileira de Distribuic o engages in the retail of food and non-food products to individual consumers through its chain of hypermarkets, supermarkets, specialized and department stores, and the Internet. Brazilian Distribution Company has a market cap of $11.6 billion and is part of the retail industry. The company has a P/E ratio of 48.5, above the S&P 500 P/E ratio of 17.7. Shares are up 21.2% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Brazilian Distribution Company a buy, no analysts rate it a sell, and 2 rate it a hold. TheStreet Ratings rates Brazilian Distribution Company as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, solid stock price performance, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Brazilian Distribution Company Ratings Report now.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.