New Oriental Education & Technology Group I (EDU): Today's Featured Diversified 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.

New Oriental Education & Technology Group I ( EDU) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day down 0.6%. By the end of trading, New Oriental Education & Technology Group I fell $0.90 (-3.9%) to $22.00 on light volume. Throughout the day, 957,050 shares of New Oriental Education & Technology Group I exchanged hands as compared to its average daily volume of 1,694,900 shares. The stock ranged in price between $21.96-$22.75 after having opened the day at $22.73 as compared to the previous trading day's close of $22.90. Other companies within the Diversified Services industry that declined today were: China Yida ( CNYD), down 28.6%, Spark Networks ( LOV), down 10.7%, Corinthian Colleges ( COCO), down 9.4% and Atlas Resource Partners ( ARP), down 8.8%.

New Oriental Education & Technology Group Inc. provides private educational services primarily in China. New Oriental Education & Technology Group I has a market cap of $3.5 billion and is part of the services sector. Shares are up 13.3% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate New Oriental Education & Technology Group I a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates New Oriental Education & Technology Group I as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, growth in earnings per share and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Learning Tree International ( LTRE), up 16.3%, DLH Holdings ( DLHC), up 13.6%, Hudson Global ( HSON), up 9.7% and Performant Financial ( PFMT), up 7.0% , were all gainers within the diversified services industry with Zillow ( Z) being today's featured diversified services industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry 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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