GameStop Corp (GME): Services' Featured Winner Of The Day

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.

GameStop ( GME) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day down 1.6%. By the end of trading, GameStop rose 47 cents (1.5%) to $32.77 on average volume. Throughout the day, 4.6 million shares of GameStop exchanged hands as compared to its average daily volume of 3.1 million shares. The stock ranged in a price between $31.57-$32.82 after having opened the day at $31.93 as compared to the previous trading day's close of $32.30. Other companies within the Services sector that increased today were: NTN Buzztime ( NTN), up 9.2%, Marten Transport ( MRTN), up 6.5%, Infoblox ( BLOX), up 5.3%, and WNS holdings ( WNS), up 5.2%.
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GameStop Corp. operates as a video game retailer. GameStop has a market cap of $3.7 billion and is part of the retail industry. Shares are up 28.7% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate GameStop a buy, one analyst rates it a sell, and six rate it a hold.

TheStreet Ratings rates GameStop as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Bluefly ( BFLY), down 38.4%, InnerWorkings ( INWK), down 25.3%, dELiA*s ( DLIA), down 19.7%, and Ambassadors Group ( EPAX), down 15.2%, were all laggards within the services sector with Walgreen Company ( WAG) 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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