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 closed the day up 0.1%. By the end of trading, Melco Crown Entertainment fell $0.72 (-1.8%) to $40.01 on light volume. Throughout the day, 1,911,646 shares of Melco Crown Entertainment exchanged hands as compared to its average daily volume of 3,345,800 shares. The stock ranged in price between $39.90-$41.05 after having opened the day at $40.65 as compared to the previous trading day's close of $40.73. Other companies within the Services sector that declined today were: InterCloud Systems ( ICLD), down 28.9%, Wet Seal ( WTSL), down 11.4%, SmartPros ( SPRO), down 11.2% and Versar ( VSR), down 10.8%.

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 $22.5 billion and is part of the leisure industry. Shares are up 4.6% year to date as of the close of trading on Thursday. 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 largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Genco Shipping & Trading ( GNK), up 24.2%, LIN Media ( LIN), up 22.5%, Dex Media ( DXM), up 18.3% and Inuvo ( INUV), up 14.6% , were all gainers within the services sector with TJX Companies ( TJX) 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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