Melco Crown Entertainment Ltd (MPEL): 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.

Melco Crown Entertainment ( MPEL) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole was unchanged today. By the end of trading, Melco Crown Entertainment fell $0.63 (-1.5%) to $42.25 on average volume. Throughout the day, 3,093,764 shares of Melco Crown Entertainment exchanged hands as compared to its average daily volume of 3,202,800 shares. The stock ranged in price between $42.22-$43.95 after having opened the day at $43.37 as compared to the previous trading day's close of $42.88. Other companies within the Services sector that declined today were: AirMedia Group ( AMCN), down 11.4%, ChinaNet Online Holdings ( CNET), down 10.0%, Office Depot ( ODP), down 8.8% and Hastings Entertainment ( HAST), down 8.2%.

Melco Crown Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment resort facilities in Macau. Melco Crown Entertainment has a market cap of $23.2 billion and is part of the leisure industry. Shares are up 9.3% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Melco Crown Entertainment a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Melco Crown Entertainment as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Bloomin Brands ( BLMN), up 14.2%, Starz ( STRZB), up 13.1%, TeleTech Holdings ( TTEC), up 11.5% and Haverty Furniture Companies ( HVT.A), up 11.2% , were all gainers within the services sector with Whole Foods Market ( WFM) 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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