H&R Block Inc (HRB): Today's Featured Diversified Services Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

H&R Block ( HRB) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day up 0.4%. By the end of trading, H&R Block rose $0.62 (2.1%) to $30.44 on average volume. Throughout the day, 3,660,201 shares of H&R Block exchanged hands as compared to its average daily volume of 2,605,000 shares. The stock ranged in a price between $29.94-$30.51 after having opened the day at $29.95 as compared to the previous trading day's close of $29.82. Other companies within the Diversified Services industry that increased today were: Versar ( VSR), up 12.2%, Cambium Learning Group ( ABCD), up 11.3%, United Rentals ( URI), up 10.6% and Birner Dental Management Services ( BDMS), up 8.7%.

H&R Block, Inc., through its subsidiaries, provides tax preparation and related services to the general public in the United States, Canada, and Australia. H&R Block has a market cap of $8.2 billion and is part of the services sector. Shares are up 62.7% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate H&R Block a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates H&R Block as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Bioanalytical Systems ( BASI), down 7.0%, Luna Innovations ( LUNA), down 5.3%, Resources Connection ( RECN), down 4.8% and Learning Tree International ( LTRE), down 4.5% , were all laggards within the diversified services industry with Myriad Genetics ( MYGN) 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).

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