eBay Inc

(

EBAY

) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 3.3%. By the end of trading, eBay Inc rose $1.43 (5.1%) to $29.66 on light volume. Throughout the day, nine million shares of eBay Inc exchanged hands as compared to its average daily volume of 13.3 million shares. The stock ranged in a price between $29.11-$29.84 after having opened the day at $29.21 as compared to the previous trading day's close of $28.23. Other companies within the Services sector that increased today were:

Dex One

(

DEXO

), up 32.4%,

Seven Arts Entertainment Inc

(

SAPX

), up 31.3%,

Luna Innovations Inc

(

LUNA

), up 26.4%, and

Infinity Pharmaceuticals Inc

(

INFI

), up 20.8%.

eBay Inc. provides online marketplaces for the sale of goods and services, as well as other online commerce, platforms, and online payment solutions to individuals and businesses in the United States and internationally. eBay Inc has a market cap of $36.85 billion and is part of the

retail

industry. The company has a P/E ratio of 20.8, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 1.4% year to date as of the close of trading on Friday.

TheStreet Ratings rates eBay as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, growth in earnings per share and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front,

Rainmaker Systems Inc

(

RMKR

), down 26.8%,

Innotrac Corporation

(

INOC

), down 15.7%,

EnviroStar Inc

(

EVI

), down 14.7%, and

Granite City Food & Brewery

(

GCFB

), down 14%, were all losers within the services sector with

Sears Holdings Corporation

(

SHLD

) 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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