SAIC Inc. (SAI): Today's Featured Diversified Services Winner

SAIC ( SAI) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole was unchanged today. By the end of trading, SAIC rose $0.31 (2.3%) to $13.93 on heavy volume. Throughout the day, 6,571,312 shares of SAIC exchanged hands as compared to its average daily volume of 3,790,500 shares. The stock ranged in a price between $13.60-$13.99 after having opened the day at $13.60 as compared to the previous trading day's close of $13.62. Other companies within the Diversified Services industry that increased today were: ADT Corporation ( ADT), up 10.7%, Document Security Systems ( DSS), up 10.6%, Compx International ( CIX), up 9.3% and General Employment ( JOB), up 8.0%.

SAIC, Inc. provides scientific, engineering, systems integration, and technical services and solutions in the areas of defense, health, energy, infrastructure, intelligence, surveillance, reconnaissance, and cybersecurity to agencies of the U.S. SAIC has a market cap of $4.6 billion and is part of the technology sector. The company has a P/E ratio of 9.8, below the S&P 500 P/E ratio of 17.7. Shares are up 20.3% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate SAIC a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates SAIC as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, 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.

On the negative front, Lime Energy ( LIME), down 14.3%, Daegis ( DAEG), down 10.0%, Genetic Technologies ( GENE), down 9.9% and Spar Group ( SGRP), down 9.0% , were all laggards within the diversified services industry with H&R Block ( HRB) being today's diversified services industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).

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