SAIC Inc

(

SAI

) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day down 0.9%. By the end of trading, SAIC Inc rose 15 cents (1.3%) to $11.41 on light volume. Throughout the day, 1.5 million shares of SAIC Inc exchanged hands as compared to its average daily volume of 2.8 million shares. The stock ranged in a price between $11.20-$11.47 after having opened the day at $11.20 as compared to the previous trading day's close of $11.26. Other companies within the Diversified Services industry that increased today were:

China HGS Real Estate Inc

(

HGSH

), up 36.1%,

Phoenix New Media Ltd ADR

(

FENG

), up 8.6%,

China Distance Education Hldg Ltd-Shs Spons

(

DL

), up 7.4%, and

Rainmaker Systems Inc

(

RMKR

), up 5.1%.

SAIC, Inc. scientific, engineering, systems integration, and technical services and solutions to various branches of the U.S. military, agencies of the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security and the other U.S. SAIC Inc has a market cap of $3.84 billion and is part of the

services

sector. The company has a P/E ratio of 7.7, above the average diversified services industry P/E ratio of 6.7 and below the S&P 500 P/E ratio of 17.7. Shares are down 29% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates SAIC as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and disappointing return on equity.

On the negative front,

Essex Rental

(

ESSX

), down 11.6%,

Food Technology Service Inc

(

VIFL

), down 7.4%,

China Education Alliance Inc

(

CEU

), down 6.8%, and

Furmanite Corporation

(

FRM

), down 6%, were all losers within the diversified services industry with

Ulta Salon Cosmetics & Fragrances Inc

(

ULTA

) 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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