Foot Locker Inc (FL): Today's Featured Services Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Foot Locker ( FL) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 0.3%. By the end of trading, Foot Locker rose 34 cents (1%) to $33.13 on average volume. Throughout the day, 2.2 million shares of Foot Locker exchanged hands as compared to its average daily volume of 2.2 million shares. The stock ranged in a price between $32.71-$33.20 after having opened the day at $32.82 as compared to the previous trading day's close of $32.79. Other companies within the Services sector that increased today were: FreeSeas ( FREE), up 90%, SmartPros ( SPRO), up 23.6%, American Learning ( ALRN), up 16.6%, and Promotora de Informaciones SA/FI ADR ( PRIS), up 16.3%.
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Foot Locker, Inc., together with its subsidiaries, operates as a retailer of athletic footwear and apparel. The company operates in two segments, Athletic Stores and Direct-to-Customers. Foot Locker has a market cap of $4.99 billion and is part of the retail industry. The company has a P/E ratio of 13.6, below the S&P 500 P/E ratio of 17.7. Shares are up 3.1% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Foot Locker a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Foot Locker 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 largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Newlead Holdings ( NEWL), down 13.6%, China Auto Logistics ( CALI), down 11.2%, InfoSonics Corporation ( IFON), down 11.1%, and Education Management Corporation ( EDMC), down 9.8%, were all laggards within the services sector with Macy's ( M) being today's services sector laggard.

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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