Gap Inc. (GPS): Today's Featured Services Winner
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 or Stephanie Link.
(
) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 1.0%. By the end of trading, Gap rose $0.82 (1.8%) to $45.63 on average volume. Throughout the day, 3,429,496 shares of Gap exchanged hands as compared to its average daily volume of 3,405,800 shares. The stock ranged in a price between $44.62-$45.65 after having opened the day at $44.71 as compared to the previous trading day's close of $44.81. Other companies within the Services sector that increased today were:
(
), up 61.0%,
(
), up 17.2%,
Daegis
(
DAEG
), up 13.2% and
(
), up 12.8%.
The Gap, Inc. operates as an apparel retail company. It offers apparel, accessories, and personal care products for men, women, children, and babies under the Gap, Old Navy, Banana Republic, Piperlime, Athleta, and Intermix brands. The company operates through two segments, Stores and Direct. Gap has a market cap of $21.0 billion and is part of the retail industry. Shares are up 44.6% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Gap a buy, 2 analysts rate it a sell, and 14 rate it a hold.
TheStreet Ratings rates
Gap
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, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Gap Ratings Report.
On the negative front,
(
), down 13.7%,
(
), down 10.8%,
(
), down 10.5% and
(
), down 8.3% , were all laggards within the services sector with
(
) being today's services sector laggard.
- Use our services section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
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
(
) while those bearish on the services sector could consider
ProShares Ultra Short Consumer Sers
(
).
- Find other investment ideas from our top rated ETFs lists.
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