DISH Network Corp (DISH): Today's Featured Services Laggard

DISH Network was a leading decliner within the services sector, falling $1.07 (-2.5%) to $41.74 on average volume
By TheStreet Wire ,

DISH Network

(

DISH

) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day up 0.6%. By the end of trading, DISH Network fell $1.07 (-2.5%) to $41.74 on average volume. Throughout the day, 2,872,671 shares of DISH Network exchanged hands as compared to its average daily volume of 3,105,300 shares. The stock ranged in price between $41.51-$43.33 after having opened the day at $43.03 as compared to the previous trading day's close of $42.81. Other companies within the Services sector that declined today were:

National Research Corporation

(

NRCIB

), down 41.7%,

Sport Chalet

(

SPCHB

), down 13.9%,

China Jo-Jo Drugstores

(

CJJD

), down 10.9% and

Coast Distribution System

(

CRV

), down 10.0%.

DISH Network Corporation, together with its subsidiaries, offers direct broadcast satellite subscription television services in the United States. DISH Network has a market cap of $9.3 billion and is part of the media industry. Shares are up 18.1% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate DISH Network a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates

DISH Network

as a

buy

. The company's strengths can be seen in multiple areas, such as its notable return on equity, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front,

Era Group

(

ERA

), up 25.0%,

Dolan

(

DM

), up 24.9%,

YRC Worldwide

(

YRCW

), up 13.7% and

Lee

(

LEE

), up 12.4% , were all gainers within the services sector with

Walgreen Company

(

WAG

) being today's featured services sector leader.

For investors not wanting singular stock exposure, 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

).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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