Moody's Corporation (MCO): Today's Featured Diversified Services Winner - TheStreet

Moody's Corporation

(

MCO

) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day up 0.3%. By the end of trading, Moody's Corporation rose 63 cents (1.9%) to $34.72 on average volume. Throughout the day, 1.5 million shares of Moody's Corporation exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in a price between $33.96-$34.85 after having opened the day at $34.26 as compared to the previous trading day's close of $34.09. Other companies within the Diversified Services industry that increased today were:

Apollo Group

(

APOL

), up 10.3%,

EnviroStar

(

EVI

), up 7.9%,

Strayer Education

(

STRA

), up 7.8%, and

Willdan Group

(

WLDN

), up 7.1%.

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Moody's Corporation, through its subsidiaries, provides credit ratings, research, and analysis covering fixed-income securities, other debt instruments, and the entities that issue such instruments in the global capital markets. Moody's Corporation has a market cap of $7.87 billion and is part of the

services

sector. The company has a P/E ratio of 13.6, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 4% year to date as of the close of trading on Monday. Currently there is one analyst that rates Moody's Corporation a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Moody's Corporation as a

buy

. The company's strengths can be seen in multiple areas, such as its notable return on equity, revenue growth, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front,

Corinthian Colleges

(

COCO

), down 8.6%,

Bioanalytical Systems

(

BASI

), down 7.8%,

UTEK

(

INV

), down 6.8%, and

CD International

(

CDII

), down 5.8%, were all losers within the diversified services industry with

Tyco International

(

TYC

) being today's diversified services industry loser.

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

(

IYC

) while those bearish on the diversified services industry could consider

ProShares Ultra Short Consumer Sers

(

SCC

).

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