Conn's Inc. (CONN): Today's Featured 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.

Conn's ( CONN) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day up 0.8%. By the end of trading, Conn's fell $23.91 (-42.9%) to $31.89 on heavy volume. Throughout the day, 25,039,571 shares of Conn's exchanged hands as compared to its average daily volume of 1,206,100 shares. The stock ranged in price between $31.88-$38.52 after having opened the day at $35.50 as compared to the previous trading day's close of $55.80. Other companies within the Services sector that declined today were: FTI Consulting ( FCN), down 18.8%, Town Sports International Holdings ( CLUB), down 16.3%, Millennial Media ( MM), down 14.6% and BJ's Restaurants ( BJRI), down 11.6%.

Conn's, Inc. is engaged in the specialty retail of durable consumer products in the United States. Conn's has a market cap of $2.0 billion and is part of the retail industry. Shares are down 29.1% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Conn's a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Conn's 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 solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, United Online ( UNTD), up 29.5%, Marchex ( MCHX), up 24.2%, LoJack Corporation ( LOJN), up 21.0% and Seanergy Maritime Holdings ( SHIP), up 19.5% , were all gainers within the services sector with CVS Caremark ( CVS) being today's featured services sector leader.

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).

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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