YY Inc (YY): Today's Featured Diversified 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.

YY ( YY) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day down 0.1%. By the end of trading, YY rose $5.31 (6.3%) to $89.70 on heavy volume. Throughout the day, 4,899,532 shares of YY exchanged hands as compared to its average daily volume of 1,758,800 shares. The stock ranged in a price between $85.11-$90.93 after having opened the day at $85.98 as compared to the previous trading day's close of $84.39. Other companies within the Diversified Services industry that increased today were: SmartPros ( SPRO), up 13.2%, Industrial Services of America ( IDSA), up 8.6%, VCA Antech ( WOOF), up 6.3% and China Yida ( CNYD), up 6.2%.

YY Inc., through its subsidiaries, operates an online social platform in the People's Republic of China. It provides YY Client, a personal computer based user software that offers real-time access to user-created online social activities groups. YY has a market cap of $4.8 billion and is part of the technology sector. Shares are up 73.4% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate YY a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates YY as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity and robust revenue growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the negative front, Cross Country Healthcare ( CCRN), down 22.0%, Spark Networks ( LOV), down 19.0%, InterCloud Systems ( ICLD), down 8.7% and Shutterstock ( SSTK), down 6.8% , were all laggards within the diversified services industry with Mercadolibre ( MELI) being today's diversified services industry laggard.

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).

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