SBA Communications Corp (SBAC): Today's Featured Diversified Services Winner

SBA Communications ( SBAC) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day up 0.3%. By the end of trading, SBA Communications rose $1.54 (2.1%) to $75.94 on average volume. Throughout the day, 2,041,579 shares of SBA Communications exchanged hands as compared to its average daily volume of 1,580,700 shares. The stock ranged in a price between $74.11-$76.16 after having opened the day at $74.14 as compared to the previous trading day's close of $74.40. Other companies within the Diversified Services industry that increased today were: ENGlobal Corporation ( ENG), up 12.0%, WidePoint Corporation ( WYY), up 6.4%, Team ( TISI), up 5.5% and Document Security Systems ( DSS), up 5.0%.

SBA Communications Corporation owns and operates wireless communications towers in the United States, Canada, Costa Rica, El Salvador, Guatemala, Nicaragua, Panama, and Brazil. SBA Communications has a market cap of $9.5 billion and is part of the services sector. Shares are up 4.8% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate SBA Communications a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates SBA Communications as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.

On the negative front, Learning Tree International ( LTRE), down 8.4%, Fly Leasing ( FLY), down 7.6%, Bioanalytical Systems ( BASI), down 6.8% and Lime Energy ( LIME), down 5.7% , were all laggards within the diversified services industry with Moody's Corporation ( MCO) 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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