News

(

NWSA

) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 3.9%. By the end of trading, News rose 90 cents (5.4%) to $17.44 on average volume. Throughout the day, 20.7 million shares of News exchanged hands as compared to its average daily volume of 24.4 million shares. The stock ranged in a price between $17.01-$17.45 after having opened the day at $17.01 as compared to the previous trading day's close of $16.54. Other companies within the Services sector that increased today were:

AMR

(

AMR

), up 25.4%,

Command Security Corporation

(

MOC

), up 22.3%,

Genetic Technologies

(

GENE

), up 19.1%, and

Entravision Communications Corporation

(

EVC

), up 18.9%.

News Corporation operates as a diversified media company worldwide. News has a market cap of $27.5 billion and is part of the

media

industry. The company has a P/E ratio of 14.7, above the average media industry P/E ratio of 14.3 and below the S&P 500 P/E ratio of 17.7. Shares are up 13.6% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates News as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front,

Princeton Review Inc

(

REVU

), down 24.1%,

TBS International

(

TBSI

), down 23.4%,

China HGS Real Estate Inc

(

HGSH

), down 17.5%, and

Newlead Holdings

(

NEWL

), down 16.7%, were all losers within the services sector with

Best Buy Co Inc

(

BBY

) 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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