3 Services Stocks Dragging The Sector Down
1. As of noon trading, Las Vegas Sands ( LVS) is down $0.23 (-0.4%) to $54.31 on light volume. Thus far, 1.7 million shares of Las Vegas Sands exchanged hands as compared to its average daily volume of 5.7 million shares. The stock has ranged in price between $54.21-$54.95 after having opened the day at $54.50 as compared to the previous trading day's close of $54.54. Las Vegas Sands Corp. develops, owns, and operates integrated resorts in Asia and the United States. Las Vegas Sands has a market cap of $43.8 billion and is part of the leisure industry. Shares are up 15.1% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate Las Vegas Sands a buy, no analysts rate it a sell, and 2 rate it a hold. TheStreet Ratings rates Las Vegas Sands as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, increase 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 generally high debt management risk by most measures that we evaluated. Get the full Las Vegas Sands 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 4 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).
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