Walgreen Company

(

WAG

) pushed the Services sector lower today making it today's featured Services loser. The sector as a whole closed the day down 1.7%. By the end of trading, Walgreen Company fell 67 cents (-2.1%) to $30.93 on average volume. Throughout the day, 6.3 million shares of Walgreen Company exchanged hands as compared to its average daily volume of 8.2 million shares. The stock ranged in price between $30.78-$31.48 after having opened the day at $31.44 as compared to the previous trading day's close of $31.60. Other company's within the Services sector that declined today were:

China Metro-Rural Holdings

(

CNR

), down 21.1%,

Pep Boys - Manny Moe & Jack

(

PBY

), down 19.8%,

Magal Security Systems

(

MAGS

), down 16.5%, and

SinoHub

(

SIHI

), down 15.6%.

Walgreen Co., together with its subsidiaries, operates a chain of drugstores in the United States. Walgreen Company has a market cap of $27.06 billion and is part of the

retail

industry. The company has a P/E ratio of 10.7, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 5.1% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Walgreen Company a buy, three analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Walgreen Company as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front,

Peoples Educational Holdings

(

PEDH

), up 27%,

Fresh Market

(

TFM

), up 14.9%,

Booz Allen Hamilton

(

BAH

), up 13.3%, and

Digital Generation

(

DGIT

), up 9.6%, were all gainers within the services sector with

Ascena Retail Group

(

ASNA

) being today's featured services sector winner.

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

).

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