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 Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day down 1.5%. By the end of trading, Visa fell $10.47 (-5.0%) to $198.93 on heavy volume. Throughout the day, 9,502,003 shares of Visa exchanged hands as compared to its average daily volume of 3,623,100 shares. The stock ranged in price between $198.56-$203.80 after having opened the day at $200.00 as compared to the previous trading day's close of $209.40. Other companies within the Diversified Services industry that declined today were:
), down 10.6%,
), down 10.4%,
), down 10.2% and
), down 8.5%.
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Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. Visa has a market cap of $105.3 billion and is part of the financial sector. Shares are down 6.0% year to date as of the close of trading on Thursday. Currently there are 21 analysts that rate Visa a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
. 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, growth in earnings per share, increase in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full Visa Ratings Report.
On the positive front,
), up 13.9%,
), up 10.8%,
), up 7.2% and
), up 5.8% , were all gainers within the diversified services industry with
) being today's featured diversified services industry leader.
- 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.