Moody's Corporation (MCO): Today's Featured Diversified Services Laggard
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 Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Moody's Corporation fell $1.39 (-2.1%) to $63.18 on light volume. Throughout the day, 1,046,141 shares of Moody's Corporation exchanged hands as compared to its average daily volume of 1,430,900 shares. The stock ranged in price between $63.09-$64.37 after having opened the day at $64.31 as compared to the previous trading day's close of $64.57. Other companies within the Diversified Services industry that declined today were:
(
), down 9.6%,
Industrial Services of America
(
), down 6.4%,
(
), down 5.2% and
China Distance Education Holdings
(
), down 4.9%.
Moody's Corporation provides credit ratings; and credit, capital markets, and economic related research, data, and analytical tools worldwide. Moody's Corporation has a market cap of $14.1 billion and is part of the services sector. Shares are up 28.3% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Moody's Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Moody's Corporation
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Moody's Corporation Ratings Report.
On the positive front,
(
), up 20.3%,
(
), up 7.2%,
(
), up 7.1% and
(
), up 6.1% , were all gainers within the diversified services industry with
(
) being today's featured diversified services industry leader.
- Use our diversified services section to find industry-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 diversified services industry could consider
iShares Dow Jones US Cons Services
(
) while those bearish on the diversified services industry could consider
ProShares Ultra Short Consumer Sers
(
).
- Find other investment ideas from our top rated ETFs lists.
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