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Cinemark Holdings

(

CNK

) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day down 1.3%. By the end of trading, Cinemark Holdings rose 44 cents (2.1%) to $21.81 on average volume. Throughout the day, 1.6 million shares of Cinemark Holdings exchanged hands as compared to its average daily volume of 1.4 million shares. The stock ranged in a price between $21.05-$21.94 after having opened the day at $21.32 as compared to the previous trading day's close of $21.37. Other companies within the Services sector that increased today were:

American Learning

(

ALRN

), up 29.6%,

J. Alexander's Corporation

(

JAX

), up 16.5%,

QKL Stores

(

QKLS

), up 16.2%, and

TheStreet Recommends

Rada Electronics Industries

(

RADA

), up 14.4%.

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Cinemark Holdings, Inc., together with its subsidiaries, engages in motion picture exhibition business. As of March 31, 2012, it operated 459 theatres with 5,181 screens in the United States, Brazil, Mexico, Argentina, and Latin America. The company is headquartered in Plano, Texas. Cinemark Holdings has a market cap of $2.45 billion and is part of the

media

industry. The company has a P/E ratio of 16.6, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 15.6% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Cinemark Holdings a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Cinemark Holdings as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the negative front,

Mecox Lane

(

MCOX

), down 13.1%,

Eagle Bulk Shipping

(

EGLE

), down 13%,

Sonic Automotive

(

SAH

), down 13%, and

Seanergy Maritime Holdings

(

SHIP

), down 12.8%, were all losers within the services sector with

TJX Companies

(

TJX

) 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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