FIS, CAR And HTZ, 3 Diversified Services Stocks Pushing The Industry Lower
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 86 points (0.5%) at 17,915 as of Tuesday, Nov. 3, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,603 issues advancing vs. 1,362 declining with 155 unchanged.
The Diversified Services industry currently sits up 0.3% versus the S&P 500, which is up 0.2%. A company within the industry that increased today was
(
), up 3.7%.
TheStreet would like to highlight 3 stocks pushing the industry lower today:
3.
Fidelity National Information Services
(
) is one of the companies pushing the Diversified Services industry lower today. As of noon trading, Fidelity National Information Services is down $6.32 (-8.6%) to $67.18 on heavy volume. Thus far, 3.5 million shares of Fidelity National Information Services exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $66.04-$69.25 after having opened the day at $66.04 as compared to the previous trading day's close of $73.50.
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Fidelity National Information Services, Inc. provides banking and payments technology, consulting, and outsourcing solutions worldwide. Fidelity National Information Services has a market cap of $20.5 billion and is part of the technology sector. Shares are up 18.2% year-to-date as of the close of trading on Monday. Currently there are 8 analysts that rate Fidelity National Information Services a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Fidelity National Information Services
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full
Fidelity National Information Services Ratings Report
now.
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2. As of noon trading,
(
) is down $7.14 (-13.7%) to $45.16 on heavy volume. Thus far, 7.4 million shares of Avis Budget Group exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $44.36-$48.00 after having opened the day at $47.94 as compared to the previous trading day's close of $52.30.
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Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. The company has three segments: North America, International, and Truck Rental. Avis Budget Group has a market cap of $5.2 billion and is part of the services sector. Shares are down 21.1% year-to-date as of the close of trading on Monday. Currently there are 4 analysts that rate Avis Budget Group a buy, 1 analyst rates it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Avis Budget Group
as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, notable return on equity and expanding profit margins. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
Avis Budget Group Ratings Report
now.
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1. As of noon trading,
(
) is down $1.41 (-7.1%) to $18.44 on heavy volume. Thus far, 5.8 million shares of Hertz Global Holdings exchanged hands as compared to its average daily volume of 7.3 million shares. The stock has ranged in price between $18.08-$19.29 after having opened the day at $19.28 as compared to the previous trading day's close of $19.85.
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Hertz Global Holdings, Inc., through its subsidiaries, rents and leases cars and trucks in the United States and internationally. It operates in four segments: U.S. Car Rental, International Car Rental, Worldwide Equipment Rental, and All Other Operations. Hertz Global Holdings has a market cap of $8.9 billion and is part of the services sector. Shares are down 20.4% year-to-date as of the close of trading on Monday. Currently there are 3 analysts that rate Hertz Global Holdings a buy, 1 analyst rates it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Hertz Global Holdings
as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full
Hertz Global Holdings Ratings Report
now.
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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider
iShares Dow Jones US Cons Services
(
) while those bearish on the diversified services industry could consider
ProShares Ultra Short Consumer Sers
(
).