3 Stocks Advancing The Leisure Industry
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.
Two out of the three major indices are trading lower today with the
Dow Jones Industrial Average
(
^DJI
) trading down 41 points (-0.2%) at 18,075 as of Tuesday, March 24, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,371 issues advancing vs. 1,586 declining with 175 unchanged.
The Leisure industry currently sits up 0.6% versus the S&P 500, which is down 0.2%. A company within the industry that fell today was
(
), up 1.9%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
(
) is one of the companies pushing the Leisure industry higher today. As of noon trading, Melco Crown Entertainment is up $0.34 (1.5%) to $23.08 on light volume. Thus far, 878,223 shares of Melco Crown Entertainment exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $22.56-$23.25 after having opened the day at $22.74 as compared to the previous trading day's close of $22.74.
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Melco Crown Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment resort facilities in Asia. Melco Crown Entertainment has a market cap of $12.7 billion and is part of the services sector. Shares are down 10.5% year-to-date as of the close of trading on Monday. Currently there are 6 analysts who rate Melco Crown Entertainment a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Melco Crown Entertainment
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full
Melco Crown Entertainment Ratings Report
now.
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2. As of noon trading,
(
) is up $0.92 (1.2%) to $80.19 on average volume. Thus far, 2.2 million shares of Yum Brands exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $79.50-$80.36 after having opened the day at $79.50 as compared to the previous trading day's close of $79.27.
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YUM! Brands, Inc., together with its subsidiaries, operates quick service restaurants. It operates in five segments: YUM China, YUM India, the KFC Division, the Pizza Hut Division, and the Taco Bell Division. Yum Brands has a market cap of $34.3 billion and is part of the services sector. Shares are up 8.8% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate Yum Brands a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Yum Brands
as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and poor profit margins. Get the full
now.
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1. As of noon trading,
(
) is up $0.68 (0.7%) to $98.05 on light volume. Thus far, 1.8 million shares of Starbucks exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $96.76-$98.33 after having opened the day at $97.11 as compared to the previous trading day's close of $97.37.
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Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; Europe, Middle East, and Africa; China/Asia Pacific; and Channel Development. Starbucks has a market cap of $73.1 billion and is part of the services sector. Shares are up 18.7% year-to-date as of the close of trading on Monday. Currently there are 15 analysts who rate Starbucks a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Starbucks
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the leisure industry could consider
PowerShares Dynamic Leisure&Entert
(
) while those bearish on the leisure industry could consider
ProShares Ultra Sht Consumer Services
(
).
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