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 lower today making it today's featured Services laggard. The sector as a whole closed the day down 0.2%. By the end of trading, L Brands fell $1.25 (-2.0%) to $62.09 on average volume. Throughout the day, 1,546,033 shares of L Brands exchanged hands as compared to its average daily volume of 1,956,300 shares. The stock ranged in price between $61.98-$63.67 after having opened the day at $63.67 as compared to the previous trading day's close of $63.34. Other companies within the Services sector that declined today were:
), down 11.9%,
), down 8.0%,
), down 7.5% and
), down 7.1%.
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L Brands, Inc. operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products, and accessories. L Brands has a market cap of $18.8 billion and is part of the retail industry. The company has a P/E ratio of 23.5, above the S&P 500 P/E ratio of 17.7. Shares are up 39.1% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate L Brands a buy, 3 analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full L Brands Ratings Report.
On the positive front,
), up 40.8%,
), up 18.3%,
), up 10.0% and
), up 9.7% , were all gainers within the services sector with
) being today's featured services sector leader.
- 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
) while those bearish on the services sector could consider
- Find other investment ideas from our top rated ETFs lists.