Target Corp (TGT): Today's Featured Services Winner

Target ( TGT) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day down 0.7%. By the end of trading, Target rose 88 cents (1.5%) to $58.03 on average volume. Throughout the day, 4.8 million shares of Target exchanged hands as compared to its average daily volume of 4.9 million shares. The stock ranged in a price between $56.71-$58.20 after having opened the day at $56.75 as compared to the previous trading day's close of $57.15. Other companies within the Services sector that increased today were: TOP Ships ( TOPS), up 12.2%, World Energy Solutions ( XWES), up 11.9%, Alexander & Baldwin ( ALEX), up 11.1%, and Jamba ( JMBA), up 9.9%.

Target Corporation operates general merchandise stores in the United States. Target has a market cap of $38.2 billion and is part of the retail industry. The company has a P/E ratio of 13.3, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 11.6% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Target a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Target as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the negative front, Ambow Education ( AMBO), down 13.9%, Birks & Mayors ( BMJ), down 12.3%, National Technical Systems ( NTSC), down 10.3%, and Christopher & Banks Corporation ( CBK), down 8.7%, were all losers within the services sector with Whole Foods Market ( WFM) being today's services sector loser.

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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