Ulta Salon Cosmetics & Fragrances Inc. (ULTA): 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.

Ulta Salon Cosmetics & Fragrances ( ULTA) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day down 0.3%. By the end of trading, Ulta Salon Cosmetics & Fragrances rose $2.34 (2.7%) to $89.64 on average volume. Throughout the day, 1,362,692 shares of Ulta Salon Cosmetics & Fragrances exchanged hands as compared to its average daily volume of 1,269,200 shares. The stock ranged in a price between $86.98-$89.85 after having opened the day at $87.14 as compared to the previous trading day's close of $87.30. Other companies within the Services sector that increased today were: MGT Capital Investments ( MGT), up 17.9%, Inuvo ( INUV), up 15.7%, McClatchy Company ( MNI), up 14.2% and InfoSonics Corporation ( IFON), up 13.0%.

Ulta Salon, Cosmetics & Fragrance, Inc. operates specialty retail stores in the United States. Its stores offer cosmetics, fragrance, haircare, and skincare products, as well as related accessories and services. Ulta Salon Cosmetics & Fragrances has a market cap of $5.6 billion and is part of the diversified services industry. Shares are down 9.6% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Ulta Salon Cosmetics & Fragrances a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Ulta Salon Cosmetics & Fragrances as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Chanticleer Holdings ( HOTR), down 18.4%, E-Commerce China Dangdang ( DANG), down 10.8%, Newlead Holdings ( NEWL), down 10.2% and China Lodging Group ( HTHT), down 9.7% , were all laggards within the services sector with Wynn Resorts ( WYNN) 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).

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