New Oriental Education & Technology Group I (EDU): 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.

New Oriental Education & Technology Group I ( EDU) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole was unchanged today. By the end of trading, New Oriental Education & Technology Group I fell $0.55 (-1.8%) to $30.02 on light volume. Throughout the day, 303,729 shares of New Oriental Education & Technology Group I exchanged hands as compared to its average daily volume of 1,002,000 shares. The stock ranged in price between $29.95-$30.87 after having opened the day at $30.57 as compared to the previous trading day's close of $30.57. Other companies within the Diversified Services industry that declined today were: CTPartners Executive Search ( CTP), down 10.8%, Bioanalytical Systems ( BASI), down 10.5%, Mastech Holdings ( MHH), down 9.3% and China Yida ( CNYD), down 6.5%.

New Oriental Education & Technology Group Inc. provides private educational services primarily in the People's Republic of China (PRC). New Oriental Education & Technology Group I has a market cap of $4.8 billion and is part of the services sector. Shares are up 57.3% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate New Oriental Education & Technology Group I a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates New Oriental Education & Technology Group I as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Carriage Services ( CSV), up 10.2%, China HGS Real Estate ( HGSH), up 9.5%, Pointer Telocation ( PNTR), up 7.9% and ENGlobal Corporation ( ENG), up 7.8% , were all gainers within the diversified services industry with ADT Corporation ( ADT) being today's featured diversified services industry leader.

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).

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