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

Macy's ( M) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day down 1.1%. By the end of trading, Macy's rose $0.55 (1.1%) to $52.08 on average volume. Throughout the day, 5,466,875 shares of Macy's exchanged hands as compared to its average daily volume of 5,149,200 shares. The stock ranged in a price between $51.70-$53.03 after having opened the day at $51.79 as compared to the previous trading day's close of $51.53. Other companies within the Services sector that increased today were: Global Ship Lease ( GSL), up 11.9%, Swisher Hygiene ( SWSH), up 11.6%, China Auto Logistics ( CALI), up 8.9% and WidePoint Corporation ( WYY), up 8.7%.

Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Macy's has a market cap of $19.6 billion and is part of the retail industry. The company has a P/E ratio of 14.8, below the S&P 500 P/E ratio of 17.7. Shares are up 33.8% year to date as of the close of trading on Tuesday. Currently there are 7 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 revenue growth, notable return on equity, solid stock price performance, growth in earnings per share 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 negative front, Qunar Cayman Islands Ltd ADR ( QUNR), down 9.9%, SFX Entertainment ( SFXE), down 9.5%, Huttig Building Products ( HBP), down 8.7% and Huttig Building Products ( HBPI), down 8.7% , were all laggards within the services sector with eBay ( EBAY) being today's services sector laggard.

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).

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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