Qiagen NV (QGEN): Today's Featured Diversified Services Winner

Qiagen ( QGEN) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day down 1.6%. By the end of trading, Qiagen rose 10 cents (0.6%) to $17.23 on average volume. Throughout the day, 1.7 million shares of Qiagen exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in a price between $17.11-$17.31 after having opened the day at $17.22 as compared to the previous trading day's close of $17.12. Other companies within the Diversified Services industry that increased today were: Zillow ( Z), up 11.9%, Advisory Board Company ( ABCO), up 5.5%, TMS International ( TMS), up 5.2%, and Fly Leasing Ltd. ADR ( FLY), up 4.8%.

QIAGEN N.V., through its subsidiaries, provides sample and assay technologies worldwide. Qiagen has a market cap of $3.96 billion and is part of the services sector. The company has a P/E ratio of 39.1, below the average diversified services industry P/E ratio of 41 and above the S&P 500 P/E ratio of 17.7. Shares are up 24% year to date as of the close of trading on Wednesday. Currently there are five analysts that rate Qiagen a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Qiagen as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Corinthian Colleges ( COCO), down 21.9%, Weight Watchers International ( WTW), down 18.1%, Checkpoint Systems ( CKP), down 16.2%, and CACI International ( CACI), down 16.1%, were all losers within the diversified services industry with Accenture ( ACN) being today's diversified services industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).
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