DISH Network Corp (DISH): 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.

DISH Network ( DISH) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 0.4%. By the end of trading, DISH Network rose 55 cents (1.5%) to $37.66 on average volume. Throughout the day, 2.5 million shares of DISH Network exchanged hands as compared to its average daily volume of three million shares. The stock ranged in a price between $36.69-$37.77 after having opened the day at $37.15 as compared to the previous trading day's close of $37.11. Other companies within the Services sector that increased today were: FreeSeas ( FREE), up 32.7%, Radio One ( ROIA), up 32.3%, Radio One Inc. Class D ( ROIAK), up 13.9%, and WidePoint Corporation ( WYY), up 12.5%.
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DISH Network Corporation, together with its subsidiaries, provides direct broadcast satellite subscription television services in the United States. DISH Network has a market cap of $8.02 billion and is part of the media industry. The company has a P/E ratio of 23, above the S&P 500 P/E ratio of 17.7. Shares are up 3.4% year to date as of the close of trading on Monday. Currently there are five analysts that rate DISH Network a buy, one analyst rates it a sell, and six rate it a hold.

TheStreet Ratings rates DISH Network as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Innovaro ( INV), down 15.7%, Point.360 ( PTSX), down 15.4%, ATA ( ATAI), down 11%, and Chanticleer Holdings ( HOTR), down 8.1%, were all laggards within the services sector with Fidelity National Information Services ( FIS) 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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