SAIC Inc. (SAI): 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.

SAIC ( SAI) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day up 0.3%. By the end of trading, SAIC fell $0.22 (-1.4%) to $15.11 on average volume. Throughout the day, 2,199,282 shares of SAIC exchanged hands as compared to its average daily volume of 2,871,800 shares. The stock ranged in price between $15.01-$15.33 after having opened the day at $15.28 as compared to the previous trading day's close of $15.33. Other companies within the Diversified Services industry that declined today were: Information Services Group ( III), down 7.6%, China HGS Real Estate ( HGSH), down 5.5%, Shutterstock ( SSTK), down 4.5% and Pointer Telocation ( PNTR), down 4.0%.

SAIC, Inc. provides scientific, engineering, systems integration, and technical services and solutions in the areas of defense, health, energy, infrastructure, intelligence, surveillance, reconnaissance, and cybersecurity to agencies of the U.S. SAIC has a market cap of $5.3 billion and is part of the technology sector. Shares are up 35.4% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate SAIC a buy, 2 analysts rate it a sell, and 5 rate it a hold.

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

On the positive front, ENGlobal Corporation ( ENG), up 11.4%, Harris Interactive ( HPOL), up 5.7%, Carbonite ( CARB), up 5.5% and VSE Corporation ( VSEC), up 5.4% , were all gainers within the diversified services industry with United Rentals ( URI) 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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