CBS Corporation (CBS): Today's Featured Services Winner - TheStreet

CBS Corporation

(

CBS

) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 0.8%. By the end of trading, CBS Corporation rose 42 cents (1.3%) to $31.98 on light volume. Throughout the day, 3.9 million shares of CBS Corporation exchanged hands as compared to its average daily volume of 7.5 million shares. The stock ranged in a price between $31.72-$32.17 after having opened the day at $31.81 as compared to the previous trading day's close of $31.56. Other companies within the Services sector that increased today were:

China Distance Education Holdings

(

DL

), up 16.5%,

Brightpoint

(

CELL

), up 16.2%,

USA Technologies

(

USAT

), up 14.5%, and

UTEK

(

INV

), up 13.2%.

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CBS Corporation, together with its subsidiaries, operates as a mass media company in the United States and internationally. CBS Corporation has a market cap of $18.8 billion and is part of the

media

industry. The company has a P/E ratio of 14.5, above the average media industry P/E ratio of 14.3 and below the S&P 500 P/E ratio of 17.7. Shares are up 16.3% year to date as of the close of trading on Tuesday. Currently there are 17 analysts that rate CBS Corporation a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates CBS Corporation as a

buy

. 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 expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front,

O'Reilly Automotive

(

ORLY

), down 14.3%,

ValueVision Media

(

VVTV

), down 10.3%,

Teamstaff

(

TSTF

), down 10.1%, and

Pizza Inn Holdings

(

PZZI

), down 10%, were all losers within the services sector with

Dollar General Corporation

(

DG

) being today's services sector loser.

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

).

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