Hertz Global Holdings Inc (HTZ): 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.

Hertz Global Holdings ( HTZ) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day up 0.2%. By the end of trading, Hertz Global Holdings rose $0.27 (1.1%) to $24.92 on light volume. Throughout the day, 7,011,647 shares of Hertz Global Holdings exchanged hands as compared to its average daily volume of 11,295,500 shares. The stock ranged in a price between $24.52-$25.10 after having opened the day at $24.58 as compared to the previous trading day's close of $24.65. Other companies within the Diversified Services industry that increased today were: China HGS Real Estate ( HGSH), up 12.5%, AerCap Holdings N.V ( AER), up 11.6%, Cinedigm ( CIDM), up 8.6% and Magal Security Systems ( MAGS), up 7.1%.

Hertz Global Holdings, Inc., through its subsidiaries, engages in the car and equipment rental businesses worldwide. The company operates in two segments, Car Rental and Equipment Rental. Hertz Global Holdings has a market cap of $11.2 billion and is part of the services sector. The company has a P/E ratio of 36.0, above the S&P 500 P/E ratio of 17.7. Shares are up 52.7% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Hertz Global Holdings a buy, 1 analyst rates it a sell, and none rate it a hold.

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

On the negative front, EnviroStar ( EVI), down 13.7%, Lincoln Educational Services Corporation ( LINC), down 6.2%, Bridgepoint Education ( BPI), down 5.0% and HMS Holdings Corporation ( HMSY), down 4.8% , were all laggards within the diversified services industry with Ulta Salon Cosmetics & Fragrances ( ULTA) being today's diversified services industry laggard.

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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