3 Stocks Driving The Leisure Industry Higher

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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 81 points (0.5%) at 15,076 as of Thursday, June 13, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,136 issues advancing vs. 827 declining with 99 unchanged.

The Leisure industry currently sits up 0.2% versus the S&P 500, which is up 0.6%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Wyndham Worldwide Corporation ( WYN) is one of the companies pushing the Leisure industry higher today. As of noon trading, Wyndham Worldwide Corporation is up $1.00 (1.75) to $58.44 on average volume Thus far, 632,346 shares of Wyndham Worldwide Corporation exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $57.10-$58.52 after having opened the day at $57.54 as compared to the previous trading day's close of $57.44.

Wyndham Worldwide Corporation, together with its subsidiaries, provides various hospitality services and products to individual consumers and business customers in the United States and internationally. Wyndham Worldwide Corporation has a market cap of $7.9 billion and is part of the services sector. The company has a P/E ratio of 21.2, above the S&P 500 P/E ratio of 17.7. Shares are up 7.9% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Wyndham Worldwide Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Wyndham Worldwide Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Wyndham Worldwide Corporation Ratings Report now.

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2. As of noon trading, Carnival Corporation ( CCL) is up $0.79 (2.41) to $33.51 on average volume Thus far, 2.2 million shares of Carnival Corporation exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $32.82-$33.54 after having opened the day at $32.94 as compared to the previous trading day's close of $32.72.

Carnival Corporation operates as a cruise and vacation company worldwide. The company operates in two segments, North America; and Europe, Australia, and Asia. Carnival Corporation has a market cap of $19.1 billion and is part of the services sector. The company has a P/E ratio of 17.0, below the S&P 500 P/E ratio of 17.7. Shares are down 11.0% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Carnival Corporation a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Carnival Corporation as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and feeble growth in the company's earnings per share. Get the full Carnival Corporation Ratings Report now.

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1. As of noon trading, Starbucks Corporation ( SBUX) is up $0.75 (1.16) to $65.20 on average volume Thus far, 2.3 million shares of Starbucks Corporation exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $64.07-$65.21 after having opened the day at $64.54 as compared to the previous trading day's close of $64.45.

Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. As of September 30, 2012, the company operated 9,405 company-operated stores and 8,661 licensed stores. Starbucks Corporation has a market cap of $49.0 billion and is part of the services sector. The company has a P/E ratio of 33.2, above the S&P 500 P/E ratio of 17.7. Shares are up 20.2% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Starbucks Corporation a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Starbucks Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Starbucks Corporation Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the leisure industry could consider PowerShares Dynamic Leisure&Entert ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).

A reminder about TheStreet Ratings group: 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.
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