ManpowerGroup (MAN): Today's Featured Diversified 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.

ManpowerGroup ( MAN) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day up 0.6%. By the end of trading, ManpowerGroup rose $0.93 (1.4%) to $68.73 on average volume. Throughout the day, 590,979 shares of ManpowerGroup exchanged hands as compared to its average daily volume of 549,100 shares. The stock ranged in a price between $67.13-$68.91 after having opened the day at $67.25 as compared to the previous trading day's close of $67.80. Other companies within the Diversified Services industry that increased today were: China Yida ( CNYD), up 75.7%, Lime Energy ( LIME), up 10.2%, eLong ( LONG), up 7.3% and Information Services Group ( III), up 7.2%.

ManpowerGroup Inc. provides workforce solutions and services. ManpowerGroup has a market cap of $5.3 billion and is part of the services sector. Shares are up 59.8% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate ManpowerGroup a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates ManpowerGroup as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Learning Tree International ( LTRE), down 10.5%, Acorn Energy ( ACFN), down 10.1%, DLH Holdings ( DLHC), down 9.8% and Stonemor Partners ( STON), down 9.0% , were all laggards within the diversified services industry with Fleetcor Technologies ( FLT) being today's diversified services industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

Automation Threatens Some Staffing Agencies According to Credit Suisse

20 Mid-Cap Dividend Growers Are Blips on My Tracking Radar

The Art of Setting Price Targets

Taking Points - or Profits - Off the Board