AutoZone Inc (AZO): Today's Featured Services Winner

The services sector closed the day down 2.4%. Innotrac Corporation ( INOC), Seven Arts Entertainment Inc ( SAPX), Infinity Pharmaceuticals Inc ( INFI), and Bidz.com Inc ( BIDZ) were all winners today within the services sector with AutoZone Inc ( AZO) being today's featured services winner. AutoZone Inc rose $2.33 (0.7%) to $319.91 on average volume. Throughout the day, 459,240 shares of AutoZone Inc exchanged hands as compared to its average daily volume of 419,700 shares.

AutoZone, Inc. operates as a specialty retailer and distributor of automotive replacement parts and accessories. AutoZone Inc has a market cap of $13.4 billion and is part of the retail industry. The company has a P/E ratio of 16.5, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 16.5% year to date as of the close of trading on Thursday.

TheStreet Ratings rates AutoZone as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, 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.

On the negative front, Rada Electronics Industries Inc ( RADA), China Armco Metals Inc ( CNAM), EnerNOC Inc ( ENOC), and Focus Media ( FMCN) were all losers within the services sector with MGM Resorts International ( MGM) being today's services sector Loser Spotlight stock.

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

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%