Target

(

TGT

) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day down 0.5%. By the end of trading, Target rose 61 cents (1.2%) to $52.24 on average volume. Throughout the day, 5.6 million shares of Target exchanged hands as compared to its average daily volume of 6.7 million shares. The stock ranged in a price between $51.65-$52.72 after having opened the day at $51.91 as compared to the previous trading day's close of $51.63. Other companies within the Services sector that increased today were:

Magal Security Systems

(

MAGS

), up 67.2%,

Dex One

(

DEXO

), up 52.4%,

SuperMedia Inc

(

SPMD

), up 11.7%, and

JetBlue Airways Corporation

(

JBLU

), up 10.3%.

Target Corporation operates general merchandise stores in the United States. Target has a market cap of $34.39 billion and is part of the

retail

industry. The company has a P/E ratio of 12, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 14.1% year to date as of the close of trading on Monday.

TheStreet Ratings rates Target as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, reasonable valuation levels, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the negative front,

AMR

(

AMR

), down 79.2%,

TBS International

(

TBSI

), down 13.5%,

China Metro-Rural Holdings

(

CNR

), down 13.4%, and

FreeSeas Inc

(

FREE

), down 13.1%, were all losers within the services sector with

Starwood Hotels & Resorts Worldwide Inc

(

HOT

) 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

).

null