3 Stocks Pushing The Services Sector Lower
1. As of noon trading, MasterCard Incorporated ( MA) is down $3.20 (-0.7%) to $477.68 on light volume Thus far, 180,900 shares of MasterCard Incorporated exchanged hands as compared to its average daily volume of 715,200 shares. The stock has ranged in price between $476.21-$482.84 after having opened the day at $481.65 as compared to the previous trading day's close of $480.88. MasterCard Incorporated, a payments and technology company, together with its subsidiaries, provides transaction processing and other payment-related services in the United States and internationally. MasterCard Incorporated has a market cap of $57.0 billion and is part of the diversified services industry. The company has a P/E ratio of 27.7, above the S&P 500 P/E ratio of 17.7. Shares are up 28.2% year to date as of the close of trading on Thursday. Currently there are 22 analysts that rate MasterCard Incorporated a buy, 1 analyst rates it a sell, and 5 rate it a hold. TheStreet Ratings rates MasterCard Incorporated as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full MasterCard Incorporated Ratings Report now. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC). A reminder about TheStreet Ratings group: 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.
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