SAIC Inc. (SAI): Today's Featured Services Laggard

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SAIC ( SAI) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day up 0.7%. By the end of trading, SAIC fell $0.74 (-4.9%) to $14.41 on heavy volume. Throughout the day, 7,957,886 shares of SAIC exchanged hands as compared to its average daily volume of 2,805,100 shares. The stock ranged in price between $13.83-$14.57 after having opened the day at $14.31 as compared to the previous trading day's close of $15.15. Other companies within the Services sector that declined today were: Francescas Holdings ( FRAN), down 25.9%, General Employment ( JOB), down 16.0%, Ryanair Holdings ( RYAAY), down 8.9% and Versar ( VSR), down 7.9%.

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 $5.2 billion and is part of the computer software & services industry. Shares are up 33.8% 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, Acorn International ( ATV), up 19.0%, Eagle Bulk Shipping ( EGLE), up 12.4%, Good Times Restaurants ( GTIM), up 11.4% and Seanergy Maritime Holdings ( SHIP), up 11.1% , were all gainers within the services sector with Las Vegas Sands ( LVS) being today's featured services sector leader.

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