DISH Network Corp (DISH): Today's Featured Services Laggard

DISH Network ( DISH) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day up 0.6%. By the end of trading, DISH Network fell $1.07 (-2.5%) to $41.74 on average volume. Throughout the day, 2,872,671 shares of DISH Network exchanged hands as compared to its average daily volume of 3,105,300 shares. The stock ranged in price between $41.51-$43.33 after having opened the day at $43.03 as compared to the previous trading day's close of $42.81. Other companies within the Services sector that declined today were: National Research Corporation ( NRCIB), down 41.7%, Sport Chalet ( SPCHB), down 13.9%, China Jo-Jo Drugstores ( CJJD), down 10.9% and Coast Distribution System ( CRV), down 10.0%.

DISH Network Corporation, together with its subsidiaries, offers direct broadcast satellite subscription television services in the United States. DISH Network has a market cap of $9.3 billion and is part of the media industry. Shares are up 18.1% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate DISH Network a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates DISH Network as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Era Group ( ERA), up 25.0%, Dolan ( DM), up 24.9%, YRC Worldwide ( YRCW), up 13.7% and Lee ( LEE), up 12.4% , were all gainers within the services sector with Walgreen Company ( WAG) being today's featured services sector leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

More from Markets

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Owner of Moviepass Sees Stock Plummet

Owner of Moviepass Sees Stock Plummet

Ford, GM Gain as China Slashes Auto Import Tariffs

Ford, GM Gain as China Slashes Auto Import Tariffs

U.S. Crude Oil Hits Fresh 3-Year Highs as Gasoline Heads to $3 a Gallon

U.S. Crude Oil Hits Fresh 3-Year Highs as Gasoline Heads to $3 a Gallon