J.C. Penney Co Inc (JCP): 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

J.C. Penney ( JCP) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day down 0.1%. By the end of trading, J.C. Penney rose $0.52 (2.9%) to $18.24 on average volume. Throughout the day, 20,961,602 shares of J.C. Penney exchanged hands as compared to its average daily volume of 19,629,900 shares. The stock ranged in a price between $18.15-$19.03 after having opened the day at $18.69 as compared to the previous trading day's close of $17.72. Other companies within the Services sector that increased today were: Pointer Telocation ( PNTR), up 46.9%, YOU On Demand Holdings ( YOD), up 20.9%, ALCO Stores ( ALCS), up 13.5% and ENGlobal Corporation ( ENG), up 11.8%.
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J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., operates department stores. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings. J.C. Penney has a market cap of $3.8 billion and is part of the retail industry. Shares are down 10.2% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate J.C. Penney a buy, 5 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates J.C. Penney as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally high debt management risk.

On the negative front, Star Bulk Carriers ( SBLK), down 17.2%, Envoy Capital Group ( ECGI), down 16.7%, Barnes & Noble ( BKS), down 9.5% and Sport Chalet ( SPCHA), down 8.6% , were all laggards within the services sector with Bed Bath & Beyond ( BBBY) 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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