Ross Stores Inc. (ROST): Today's Featured 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.

Ross Stores ( ROST) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 0.2%. By the end of trading, Ross Stores rose $0.70 (1.1%) to $67.49 on average volume. Throughout the day, 1,457,237 shares of Ross Stores exchanged hands as compared to its average daily volume of 1,405,500 shares. The stock ranged in a price between $66.47-$67.56 after having opened the day at $67.56 as compared to the previous trading day's close of $66.79. Other companies within the Services sector that increased today were: China HGS Real Estate ( HGSH), up 21.9%, bebe stores ( BEBE), up 12.2%, YRC Worldwide ( YRCW), up 10.8% and Addvantage Technologies Group ( AEY), up 10.0%.

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. It primarily offers apparel, accessories, footwear, and home fashions for the entire family. Ross Stores has a market cap of $14.6 billion and is part of the retail industry. Shares are up 23.5% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Ross Stores a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Ross Stores 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 largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, China Jo-Jo Drugstores ( CJJD), down 23.3%, Excel Maritime Carriers ( EXM), down 14.3%, FreeSeas ( FREE), down 8.4% and Birner Dental Management Services ( BDMS), down 7.7% , were all laggards within the services sector with Chipotle Mexican Grill ( CMG) 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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