Macy's Inc (M): Today's Featured 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.

Macy's ( M) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day down 0.3%. By the end of trading, Macy's fell $0.83 (-1.8%) to $44.62 on average volume. Throughout the day, 4,864,344 shares of Macy's exchanged hands as compared to its average daily volume of 4,701,900 shares. The stock ranged in price between $44.58-$45.57 after having opened the day at $45.39 as compared to the previous trading day's close of $45.45. Other companies within the Services sector that declined today were: Sino-Global Shipping America ( SINO), down 15.6%, NTN Buzztime ( NTN), down 14.9%, Frontline ( FRO), down 13.9% and Emmis Communications ( EMMS), down 12.8%.

Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Macy's has a market cap of $16.9 billion and is part of the retail industry. Shares are up 15.5% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Macy's a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Macy's as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, notable return on equity, reasonable valuation levels and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, General Employment ( JOB), up 94.5%, Seanergy Maritime Holdings ( SHIP), up 22.2%, Shutterstock ( SSTK), up 16.7% and Newlead Holdings ( NEWL), up 15.2%.

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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