Fidelity National Information Services Inc (FIS): Today's Featured Diversified 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.

Fidelity National Information Services ( FIS) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day down 1.0%. By the end of trading, Fidelity National Information Services fell $0.65 (-1.4%) to $45.90 on light volume. Throughout the day, 834,084 shares of Fidelity National Information Services exchanged hands as compared to its average daily volume of 1,232,800 shares. The stock ranged in price between $45.90-$46.21 after having opened the day at $46.17 as compared to the previous trading day's close of $46.55. Other companies within the Diversified Services industry that declined today were: Acorn Energy ( ACFN), down 31.0%, General Employment ( JOB), down 13.3%, AMN Healthcare Services ( AHS), down 9.3% and Onvia ( ONVI), down 6.2%.

Fidelity National Information Services, Inc. provides banking and payments technology solutions worldwide. The company offers financial institution core processing, card issuer, and transaction processing services, including the national electronic funds transfer network. Fidelity National Information Services has a market cap of $13.7 billion and is part of the technology sector. Shares are up 34.5% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Fidelity National Information Services a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Fidelity National Information Services 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, solid stock price performance, expanding profit margins 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, Learning Tree International ( LTRE), up 12.8%, Swisher Hygiene ( SWSH), up 9.8%, Corporate Resource Services ( CRRS), up 5.8% and China Distance Education Holdings ( DL), up 4.9%.

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).

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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