Wynn Resorts Ltd (WYNN): 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.

Wynn Resorts ( WYNN) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day down 0.2%. By the end of trading, Wynn Resorts fell $1.74 (-1.1%) to $158.00 on light volume. Throughout the day, 748,232 shares of Wynn Resorts exchanged hands as compared to its average daily volume of 1,081,300 shares. The stock ranged in price between $157.31-$159.24 after having opened the day at $159.02 as compared to the previous trading day's close of $159.74. Other companies within the Services sector that declined today were: Newlead Holdings ( NEWL), down 21.2%, Charm Communications ( CHRM), down 14.7%, Sino-Global Shipping America ( SINO), down 14.1% and J.C. Penney ( JCP), down 13.2%.

Wynn Resorts, Limited, together with its subsidiaries, engages in the development, ownership, and operation of destination casino resorts. Wynn Resorts has a market cap of $15.8 billion and is part of the leisure industry. Shares are up 38.8% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Wynn Resorts a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Wynn Resorts as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, China Jo-Jo Drugstores ( CJJD), up 17.6%, Armco Metals Holdings ( AMCO), up 15.5%, Armco Metals Holdings ( CNAM), up 15.5% and Ku6 Media ( KUTV), up 15.4% , were all gainers within the services sector with Ulta Salon Cosmetics & Fragrances ( ULTA) 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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