Home Depot Inc. (HD): Today's Featured Services Winner

Home Depot ( HD) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 0.6%. By the end of trading, Home Depot rose $0.93 (1.2%) to $79.22 on average volume. Throughout the day, 5,941,383 shares of Home Depot exchanged hands as compared to its average daily volume of 7,660,400 shares. The stock ranged in a price between $78.54-$79.54 after having opened the day at $78.56 as compared to the previous trading day's close of $78.29. Other companies within the Services sector that increased today were: Luna Innovations ( LUNA), up 40.8%, Era Group ( ERA), up 23.0%, China Jo-Jo Drugstores ( CJJD), up 16.4% and ENGlobal Corporation ( ENG), up 12.6%.

The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $113.5 billion and is part of the retail industry. Shares are up 26.6% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Home Depot a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity, good cash flow from operations and compelling growth in net income. 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.

On the negative front, Taomee Holdings ( TAOM), down 15.7%, Mandalay Digital Group ( MNDLD), down 10.3%, Mandalay Digital Group ( MNDL), down 10.3% and WidePoint Corporation ( WYY), down 10.1% , were all laggards within the services sector with Apollo Group ( APOL) 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).

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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