CBS Corporation (CBS): Today's Featured Services Loser

CBS Corporation ( CBS) pushed the Services sector lower today making it today's featured Services loser. The sector as a whole closed the day up 0.2%. By the end of trading, CBS Corporation fell 23 cents (-0.7%) to $32.59 on light volume. Throughout the day, 3.1 million shares of CBS Corporation exchanged hands as compared to its average daily volume of 7.3 million shares. The stock ranged in price between $32.42-$32.88 after having opened the day at $32.72 as compared to the previous trading day's close of $32.82. Other company's within the Services sector that declined today were: VisionChina Media ( VISN), down 21.5%, Ambow Education ( AMBO), down 19.6%, Cato Corporation ( CATO), down 10.5%, and InfoSonics Corporation ( IFON), down 8.6%.

CBS Corporation, together with its subsidiaries, operates as a mass media company in the United States and internationally. CBS Corporation has a market cap of $19.85 billion and is part of the media industry. The company has a P/E ratio of 15.3, above the average media industry P/E ratio of 15.1 and below the S&P 500 P/E ratio of 17.7. Shares are up 20.9% year to date as of the close of trading on Tuesday. Currently there are 17 analysts that rate CBS Corporation a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates CBS Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, China Yida ( CNYD), up 31.3%, Cambium Learning Group ( ABCD), up 22.7%, Orchard Supply Hardware ( OSH), up 21.2%, and Sport Chalet ( SPCHB), up 16.3%, were all gainers within the services sector with Starbucks Corporation ( SBUX) 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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