Today's Top Performers In Leisure
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.
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 171 points (1.0%) at 18,028 as of Monday, March 9, 2015, 1:50 PM ET. The NYSE advances/declines ratio sits at 1,589 issues advancing vs. 1,440 declining with 142 unchanged.
The Leisure industry currently is unchanged today versus the S&P 500, which is up 0.5%. A company within the industry that fell today was
(
), up 4.6%.
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, Pinnacle Entertainment is up $3.80 (13.9%) to $31.22 on heavy volume. Thus far, 7.2 million shares of Pinnacle Entertainment exchanged hands as compared to its average daily volume of 887,700 shares. The stock has ranged in price between $30.33-$33.19 after having opened the day at $33.15 as compared to the previous trading day's close of $27.42.
Pinnacle Entertainment, Inc. owns, develops, and operates casinos, and related hospitality and entertainment facilities in the United States. Its Midwest segment operates Ameristar Council Bluffs, Ameristar East Chicago, Ameristar Kansas City, Ameristar St. Pinnacle Entertainment has a market cap of $1.6 billion and is part of the services sector. Shares are up 23.2% year-to-date as of the close of trading on Friday. Currently there are 3 analysts who rate Pinnacle Entertainment a buy, 2 analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Pinnacle Entertainment
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and unimpressive growth in net income. Get the full
Pinnacle Entertainment Ratings Report
now.
2. As of noon trading,
(
) is up $0.48 (1.1%) to $44.88 on average volume. Thus far, 2.3 million shares of Carnival exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $44.44-$44.94 after having opened the day at $44.49 as compared to the previous trading day's close of $44.40.
Carnival Corporation operates as a cruise company worldwide. It provides vacations to various cruise destinations. Carnival has a market cap of $26.9 billion and is part of the services sector. Shares are down 2.0% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Carnival a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Carnival
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full
now.
1. As of noon trading,
(
) is up $0.94 (1.0%) to $98.07 on average volume. Thus far, 5.1 million shares of McDonald's exchanged hands as compared to its average daily volume of 7.9 million shares. The stock has ranged in price between $96.81-$98.17 after having opened the day at $96.85 as compared to the previous trading day's close of $97.13.
McDonald's Corporation operates and franchises McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company's restaurants offer various food products, soft drinks, coffee, and other beverages. McDonald's has a market cap of $95.3 billion and is part of the services sector. Shares are up 3.7% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate McDonald's a buy, 1 analyst rates it a sell, and 13 rate it a hold.
TheStreet Ratings rates
McDonald's
as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full
now.
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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