Fleetcor Technologies Inc. (FLT): 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.

Fleetcor Technologies ( FLT) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Fleetcor Technologies fell $2.30 (-2.1%) to $107.71 on heavy volume. Throughout the day, 1,214,282 shares of Fleetcor Technologies exchanged hands as compared to its average daily volume of 802,200 shares. The stock ranged in price between $106.75-$110.25 after having opened the day at $110.00 as compared to the previous trading day's close of $110.01. Other companies within the Diversified Services industry that declined today were: Performant Financial ( PFMT), down 14.9%, Strayer Education ( STRA), down 8.3%, RMG Networks ( RMGN), down 6.8% and ARC Document Solutions ( ARC), down 6.3%.

FleetCor Technologies, Inc. provides fuel cards and workforce payment products and services to businesses, commercial fleets, oil companies, petroleum marketers, and government entities in North America, Latin America, and Europe. Fleetcor Technologies has a market cap of $9.1 billion and is part of the services sector. The company has a P/E ratio of 33.8, above the S&P 500 P/E ratio of 17.7. Shares are down 6.1% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Fleetcor Technologies a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Fleetcor Technologies as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, ITT Educational Services ( ESI), up 8.4%, DLH Holdings ( DLHC), up 8.3%, RLJ Entertainment ( RLJE), up 6.6% and Swisher Hygiene ( SWSH), up 5.6% , 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).

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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