CSX Corp (CSX): Today's Featured 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.

CSX ( CSX) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 0.4%. By the end of trading, CSX rose $0.27 (1.1%) to $26.06 on light volume. Throughout the day, 4,575,558 shares of CSX exchanged hands as compared to its average daily volume of 6,871,300 shares. The stock ranged in a price between $25.74-$26.06 after having opened the day at $25.84 as compared to the previous trading day's close of $25.79. Other companies within the Services sector that increased today were: Hastings Entertainment ( HAST), up 33.6%, Cambium Learning Group ( ABCD), up 17.8%, Ulta Salon Cosmetics & Fragrances ( ULTA), up 17.3% and SmartPros ( SPRO), up 14.8%.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services. It offers traditional rail services, and transports intermodal containers and trailers. CSX has a market cap of $26.7 billion and is part of the transportation industry. Shares are up 32.6% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate CSX a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates CSX as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, attractive valuation levels 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 negative front, Paragon Shipping ( PRGN), down 15.4%, Rada Electronics Industries ( RADA), down 9.2%, Saga Communications ( SGA), down 9.0% and Lentuo International ( LAS), down 8.0% , were all laggards within the services sector with Vipshop Holdings ( VIPS) being today's services sector laggard.

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).

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