Sothebys (BID): 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.

Sothebys ( BID) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day up 0.1%. By the end of trading, Sothebys fell $3.34 (-6.6%) to $47.03 on heavy volume. Throughout the day, 4,270,727 shares of Sothebys exchanged hands as compared to its average daily volume of 1,212,100 shares. The stock ranged in price between $46.06-$48.35 after having opened the day at $48.29 as compared to the previous trading day's close of $50.37. Other companies within the Services sector that declined today were: American Public Education ( APEI), down 23.4%, YuMe ( YUME), down 16.6%, KBR ( KBR), down 13.5% and RetailMeNot ( SALE), down 11.1%.

Sotheby's operates as an auctioneer of authenticated fine art, decorative art, and jewelry. The company operates in three segments: Auction, Finance, and Dealer. Sothebys has a market cap of $3.5 billion and is part of the specialty retail industry. Shares are down 5.3% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Sothebys a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Sothebys as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Central European Media ( CETV), up 74.9%, CTPartners Executive Search ( CTP), up 14.8%, RMG Networks ( RMGN), up 14.4% and Vipshop Holdings ( VIPS), up 12.7% , were all gainers within the services sector with Time Warner Cable ( TWC) 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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