4 Leisure Stocks Moving The Industry Upward

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 58 points (-0.4%) at 15,461 as of Wednesday, Aug. 7, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 785 issues advancing vs. 2,161 declining with 94 unchanged.

The Leisure industry currently sits down 0.5% versus the S&P 500, which is down 0.4%.

TheStreet would like to highlight 4 stocks pushing the industry higher today:

4. Arcos Dorados Holdings ( ARCO) is one of the companies pushing the Leisure industry higher today. As of noon trading, Arcos Dorados Holdings is up $0.57 (4.6%) to $12.94 on heavy volume. Thus far, 1.8 million shares of Arcos Dorados Holdings exchanged hands as compared to its average daily volume of 823,100 shares. The stock has ranged in price between $12.23-$13.09 after having opened the day at $12.23 as compared to the previous trading day's close of $12.37.

Arcos Dorados Holdings Inc. operates as a franchisee of McDonald's restaurants. Arcos Dorados Holdings has a market cap of $1.6 billion and is part of the services sector. Shares are up 3.4% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate Arcos Dorados Holdings a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Arcos Dorados Holdings as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and poor profit margins. Get the full Arcos Dorados Holdings Ratings Report now.

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