GameStop Corp (GME): 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

GameStop ( GME) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day down 0.4%. By the end of trading, GameStop rose $1.09 (3.2%) to $35.49 on heavy volume. Throughout the day, 6,584,903 shares of GameStop exchanged hands as compared to its average daily volume of 3,393,600 shares. The stock ranged in a price between $34.27-$36.04 after having opened the day at $34.33 as compared to the previous trading day's close of $34.40. Other companies within the Services sector that increased today were: Liberty Media Corporation ( LMCAD), up 13.7%, Liberty Media Corporation ( LMCA), up 13.7%, Morgans Hotel Group Company ( MHGC), up 12.9% and Canterbury Park Holding Corporation ( CPHC), up 10.2%.
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GameStop Corp. operates as a video game retailer. GameStop has a market cap of $3.9 billion and is part of the retail industry. Shares are up 32.2% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate GameStop a buy, 1 analyst rates it a sell, and 5 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 and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Orchard Supply Hardware ( OSH), down 18.0%, Media General ( MEG), down 12.7%, Zale Corporation ( ZLC), down 9.2% and Dollar General Corporation ( DG), down 9.2% , were all laggards within the services sector with Whole Foods Market ( WFM) 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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