Visa Inc. (V): Today's Featured Diversified 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.

Visa ( V) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day up 1.0%. By the end of trading, Visa rose $2.12 (1.1%) to $193.22 on light volume. Throughout the day, 2,307,171 shares of Visa exchanged hands as compared to its average daily volume of 3,987,600 shares. The stock ranged in a price between $190.07-$193.61 after having opened the day at $191.29 as compared to the previous trading day's close of $191.10. Other companies within the Diversified Services industry that increased today were: Corporate Resource Services ( CRRS), up 35.6%, EnviroStar ( EVI), up 10.1%, Myriad Genetics ( MYGN), up 7.7% and Career Education Corporation ( CECO), up 6.2%.

Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. Visa has a market cap of $99.5 billion and is part of the financial sector. Shares are up 27.5% year to date as of the close of trading on Monday. Currently there are 17 analysts that rate Visa a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Visa as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and compelling growth in net income. 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, Performant Financial ( PFMT), down 10.6%, Cambium Learning Group ( ABCD), down 10.4%, RLJ Entertainment ( RLJE), down 6.6% and DLH Holdings ( DLHC), down 5.5%.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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