MGM Resorts International

(

MGM

) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day down 0.9%. By the end of trading, MGM Resorts International rose 29 cents (3.1%) to $9.73 on light volume. Throughout the day, 15.1 million shares of MGM Resorts International exchanged hands as compared to its average daily volume of 23.8 million shares. The stock ranged in a price between $9.33-$9.78 after having opened the day at $9.37 as compared to the previous trading day's close of $9.44. Other companies within the Services sector that increased today were:

Trailer Bridge Inc

(

TRBR

), up 39.2%,

China CGame Inc

(

CCGM

), up 18%,

Focus Media

(

FMCN

), up 14.7%, and

YRC Worldwide Inc

(

YRCW

), up 13.3%.

MGM Resorts International, through its subsidiaries, primarily owns and operates casino resorts in the United States. The company's resorts offer gaming, hotel, dining, entertainment, retail, and other resort amenities. It also owns and operates golf courses and a golf club. MGM Resorts International has a market cap of $4.8 billion and is part of the

leisure

industry. The company has a P/E ratio of 1.8, equal to the average leisure industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 36.4% year to date as of the close of trading on Monday.

TheStreet Ratings rates MGM Resorts International as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and generally poor debt management.

On the negative front,

Frontline

(

FRO

), down 41%,

Seven Arts Entertainment Inc

(

SAPX

), down 35.8%,

School Specialty Inc

(

SCHS

), down 26.4%, and

Ship Finance International

(

SFL

), down 22.6%, were all losers within the services sector with

Kohl's

(

KSS

) 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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