Moody's Corporation (MCO): 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.

Moody's Corporation ( MCO) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Moody's Corporation fell $1.39 (-2.1%) to $63.18 on light volume. Throughout the day, 1,046,141 shares of Moody's Corporation exchanged hands as compared to its average daily volume of 1,430,900 shares. The stock ranged in price between $63.09-$64.37 after having opened the day at $64.31 as compared to the previous trading day's close of $64.57. Other companies within the Diversified Services industry that declined today were: Acorn Energy ( ACFN), down 9.6%, Industrial Services of America ( IDSA), down 6.4%, Genetic Technologies ( GENE), down 5.2% and China Distance Education Holdings ( DL), down 4.9%.

Moody's Corporation provides credit ratings; and credit, capital markets, and economic related research, data, and analytical tools worldwide. Moody's Corporation has a market cap of $14.1 billion and is part of the services sector. Shares are up 28.3% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Moody's Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Moody's Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, UniTek Global Services ( UNTK), up 20.3%, Cadiz ( CDZI), up 7.2%, China HGS Real Estate ( HGSH), up 7.1% and Spar Group ( SGRP), up 6.1% , were all gainers within the diversified services industry with Mercadolibre ( MELI) 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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