News Corporation (NWS): Today's Featured Services Laggard

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.

News Corporation ( NWS) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day up 1.0%. By the end of trading, News Corporation fell $0.42 (-2.6%) to $15.60 on average volume. Throughout the day, 2,827,883 shares of News Corporation exchanged hands as compared to its average daily volume of 3,245,000 shares. The stock ranged in price between $15.46-$16.25 after having opened the day at $16.04 as compared to the previous trading day's close of $16.02. Other companies within the Services sector that declined today were: Document Security Systems ( DSS), down 8.6%, Scholastic Corporation ( SCHL), down 8.3%, YOU On Demand Holdings ( YOD), down 7.0% and Kirkland's ( KIRK), down 7.0%.

News Corporation operates as a diversified media company worldwide. News Corporation has a market cap of $5.8 billion and is part of the media industry. Shares are unchanged year to date as of the close of trading on Wednesday. Currently there are no analysts that rate News Corporation a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates News Corporation 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, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Overstock.com ( OSTK), up 22.4%, China HGS Real Estate ( HGSH), up 22.4%, Digital Domain Media Group ( DDMG), up 17.6% and Digital Domain Media Group ( DDMGQ), up 17.6% , were all gainers within the services sector with Union Pacific ( UNP) 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.
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