Carnival Corporation (CCL): Today's Featured Leisure 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.

Carnival Corporation ( CCL) pushed the Leisure industry higher today making it today's featured leisure winner. The industry as a whole closed the day up 0.2%. By the end of trading, Carnival Corporation rose $0.45 (1.2%) to $37.36 on average volume. Throughout the day, 3,799,840 shares of Carnival Corporation exchanged hands as compared to its average daily volume of 4,541,200 shares. The stock ranged in a price between $37.02-$37.38 after having opened the day at $37.07 as compared to the previous trading day's close of $36.91. Other companies within the Leisure industry that increased today were: Starbucks Corporation ( SBUX), up 7.6%, Dunkin Brands Group ( DNKN), up 6.2%, Frisch's Restaurants ( FRS), up 5.6% and Pinnacle Entertainment ( PNK), up 5.5%.

Carnival Corporation operates as a cruise and vacation company worldwide. The company operates in two segments, North America; and Europe, Australia, and Asia. Carnival Corporation has a market cap of $21.8 billion and is part of the services sector. Shares are up 0.4% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Carnival Corporation a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Carnival Corporation as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins and feeble growth in the company's earnings per share.

On the negative front, Luby's ( LUB), down 4.9%, Orbitz Worldwide ( OWW), down 3.9%, International Speedway Corporation ( ISCA), down 3.9% and Diamond Resorts International ( DRII), down 2.9% , were all laggards within the leisure industry with Expedia ( EXPE) being today's leisure industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider PowerShares Dynamic Leisure&Entert ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).

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