Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Visa fell $2.36 (-1.7%) to $136.64 on average volume. Throughout the day, three million shares of Visa exchanged hands as compared to its average daily volume of 2.8 million shares. The stock ranged in price between $135.93-$137.98 after having opened the day at $137.95 as compared to the previous trading day's close of $139. Other companies within the Diversified Services industry that declined today were:
), down 8%,
), down 6.7%,
), down 5.7%, and
), down 5.7%.
- ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.
Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. Visa has a market cap of $73.82 billion and is part of the services sector. The company has a P/E ratio of 70.7, below the average diversified services industry P/E ratio of 102.9 and above the S&P 500 P/E ratio of 17.7. Shares are up 36.9% year to date as of the close of trading on Monday. Currently there are 23 analysts that rate Visa a buy, one analyst rates it a sell, and five rate it a hold.
TheStreet Ratings rates Visa as a
. 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 and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Visa Ratings Report.
- Use our diversified services section to find industry-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 diversified services industry could consider
) while those bearish on the diversified services industry could consider
- Find other investment ideas from our top rated ETFs lists.
FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge!
Free download now