Bed Bath & Beyond Inc. (BBBY): 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.

Bed Bath & Beyond ( BBBY) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 0.3%. By the end of trading, Bed Bath & Beyond rose $0.90 (1.3%) to $69.16 on average volume. Throughout the day, 3,292,670 shares of Bed Bath & Beyond exchanged hands as compared to its average daily volume of 2,818,800 shares. The stock ranged in a price between $68.52-$69.68 after having opened the day at $68.56 as compared to the previous trading day's close of $68.26. Other companies within the Services sector that increased today were: Big Lots ( BIG), up 23.0%, Chanticleer Holdings ( HOTR), up 14.8%, Korn/Ferry International ( KFY), up 13.6% and U.S. Auto Parts Network ( PRTS), up 12.2%.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. Bed Bath & Beyond has a market cap of $14.6 billion and is part of the retail industry. Shares are down 14.4% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Bed Bath & Beyond a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Bed Bath & Beyond as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Furmanite Corporation ( FRM), down 9.3%, Crystal Rock Holdings ( CRVP), down 7.9%, E.W. Scripps Company ( SSP), down 7.8% and Inuvo ( INUV), down 7.7% , were all laggards within the services sector with Liberty Global PLC Class C ( LBTYK) 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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