Walgreen Company (WAG): 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.

Walgreen Company ( WAG) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 1.0%. By the end of trading, Walgreen Company rose $1.74 (2.9%) to $60.96 on heavy volume. Throughout the day, 9,119,689 shares of Walgreen Company exchanged hands as compared to its average daily volume of 5,792,100 shares. The stock ranged in a price between $59.40-$60.96 after having opened the day at $59.54 as compared to the previous trading day's close of $59.22. Other companies within the Services sector that increased today were: YOU On Demand Holdings ( YOD), up 29.3%, Corporate Resource Services ( CRRS), up 28.6%, AthenaHealth ( ATHN), up 25.1% and Net 1 Ueps Technologies ( UEPS), up 18.0%.

Walgreen Co., together with its subsidiaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, as well as through mail, and by telephone and online. Walgreen Company has a market cap of $55.0 billion and is part of the retail industry. Shares are up 3.1% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Walgreen Company a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Walgreen Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Fairway Group Holdings Corp Class A ( FWM), down 29.0%, Genpact ( G), down 17.1%, General Employment ( JOB), down 10.0% and Globus Maritime ( GLBS), down 7.8% , were all laggards within the services sector with Kroger ( KR) 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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