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.Walt Disney ( DIS) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 1.5%. By the end of trading, Walt Disney rose $0.71 (1.1%) to $65.36 on average volume. Throughout the day, 6,276,250 shares of Walt Disney exchanged hands as compared to its average daily volume of 7,614,800 shares. The stock ranged in a price between $65.12-$65.87 after having opened the day at $65.16 as compared to the previous trading day's close of $64.65. Other companies within the Services sector that increased today were: QKL Stores ( QKLS), up 52.0%, Renren ( RENN), up 19.5%, Ctrip.com International ( CTRP), up 19.4% and Zillow ( Z), up 14.8%.
The Walt Disney Company operates as an entertainment company worldwide. Its Media Networks segment engages in broadcast television network, television production and distribution, television stations, broadcast radio networks and stations, and publishing and digital operations. Walt Disney has a market cap of $115.6 billion and is part of the media industry. Shares are up 29.8% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Walt Disney a buy, no analysts rate it a sell, and 9 rate it a hold. TheStreet Ratings rates Walt Disney as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.