3 Stocks Driving The Leisure Industry Higher

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 22 points (-0.1%) at 16,065 as of Monday, Dec. 2, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,030 issues advancing vs. 1,883 declining with 116 unchanged.

The Leisure industry currently sits down 0.8% versus the S&P 500, which is unchanged.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Caesars Entertainment ( CZR) is one of the companies pushing the Leisure industry higher today. As of noon trading, Caesars Entertainment is up $0.67 (3.3%) to $21.11 on light volume. Thus far, 507,934 shares of Caesars Entertainment exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $20.22-$21.28 after having opened the day at $20.38 as compared to the previous trading day's close of $20.44.

Caesars Entertainment Corporation owns, operates, or manages casino entertainment facilities. Caesars Entertainment has a market cap of $2.8 billion and is part of the services sector. Shares are up 190.6% year to date as of the close of trading on Friday. Currently there are no analysts that rate Caesars Entertainment a buy, 2 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Caesars Entertainment as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income and weak operating cash flow. Get the full Caesars Entertainment Ratings Report now.

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2. As of noon trading, Wyndham Worldwide Corporation ( WYN) is up $0.91 (1.3%) to $72.62 on average volume. Thus far, 470,781 shares of Wyndham Worldwide Corporation exchanged hands as compared to its average daily volume of 956,900 shares. The stock has ranged in price between $71.56-$72.88 after having opened the day at $71.78 as compared to the previous trading day's close of $71.71.

Wyndham Worldwide Corporation, together with its subsidiaries, provides various hospitality services and products to individual consumers and business customers in the United States and internationally. Wyndham Worldwide Corporation has a market cap of $9.4 billion and is part of the services sector. The company has a P/E ratio of 23.0, above the S&P 500 P/E ratio of 17.7. Shares are up 35.8% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Wyndham Worldwide Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Wyndham Worldwide Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Wyndham Worldwide Corporation Ratings Report now.

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1. As of noon trading, MGM Resorts International ( MGM) is up $0.23 (1.2%) to $19.42 on light volume. Thus far, 3.1 million shares of MGM Resorts International exchanged hands as compared to its average daily volume of 8.6 million shares. The stock has ranged in price between $19.19-$19.55 after having opened the day at $19.19 as compared to the previous trading day's close of $19.19.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts. The company operates in two segments, Wholly Owned Domestic Resorts and MGM China. Its resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. MGM Resorts International has a market cap of $9.4 billion and is part of the services sector. Shares are up 64.8% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate MGM Resorts International a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates MGM Resorts International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and increase in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and weak operating cash flow. Get the full MGM Resorts International Ratings Report now.

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

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the leisure industry could consider PowerShares Dynamic Leisure&Entert ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).
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