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 Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day down 1.7%. By the end of trading, Starbucks Corporation fell $1.07 (-1.4%) to $73.54 on light volume. Throughout the day, 4,086,496 shares of Starbucks Corporation exchanged hands as compared to its average daily volume of 6,567,400 shares. The stock ranged in price between $73.52-$74.99 after having opened the day at $74.93 as compared to the previous trading day's close of $74.61. Other companies within the Services sector that declined today were:
), down 35.2%,
), down 17.5%,
), down 12.2% and
), down 12.0%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. Its stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single serve products, and juices and bottled water. Starbucks Corporation has a market cap of $57.3 billion and is part of the leisure industry. Shares are down 4.8% year to date as of the close of trading on Tuesday. Currently there are 17 analysts that rate Starbucks Corporation a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Starbucks Corporation Ratings Report.
On the positive front,
), up 12.4%,
), up 11.4%,
), up 6.5% and
), up 6.3% , were all gainers within the services sector with
) being today's featured services sector leader.
- Use our services section to find sector-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 services sector could consider
) while those bearish on the services sector could consider
- Find other investment ideas from our top rated ETFs lists.