Time Warner Inc (TWX): Today's Featured Services Loser

The services sector closed the day down 2.6%. Inuvo Inc ( INUV), SuperMedia Inc ( SPMD), PokerTek Inc ( PTEK), and General Maritime Corporation ( GMR) were all decliners today within the services sector with Time Warner Inc ( TWX) being today's featured services loser. Time Warner Inc fell 56 cents (-1.7%) to $32.97 on light volume. Throughout the day, 6.6 million shares of Time Warner Inc exchanged hands as compared to its average daily volume of 10.1 million shares.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates in three segments: Networks, Filmed Entertainment, and Publishing. Time Warner Inc has a market cap of $34.5 billion and is part of the media industry. The company has a P/E ratio of 14.2, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 4.2% year to date as of the close of trading on Friday.

TheStreet Ratings rates Time Warner as a hold. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth and attractive valuation levels. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive.

On the positive front, SMF Energy Corporation ( FUEL), General Employment ( JOB), Grupo TMM S.A ( TMM), and Envoy Capital Group Inc ( ECGI) were all gainers within the services sector with Costco Wholesale Corporation ( COST) 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).

null

More from Markets

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

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

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

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers

Jim Cramer: Does Saudi Arabia Think Oil Prices Are Too High?

Jim Cramer: Does Saudi Arabia Think Oil Prices Are Too High?