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 up 0.8%. By the end of trading, YY rose $4.63 (7.2%) to $69.15 on heavy volume. Throughout the day, 3,777,599 shares of YY exchanged hands as compared to its average daily volume of 2,237,600 shares. The stock ranged in a price between $65.00-$71.87 after having opened the day at $65.43 as compared to the previous trading day's close of $64.52. Other companies within the Diversified Services industry that increased today were: SmartPros ( SPRO), up 10.4%, General Employment ( JOB), up 9.5%, LoJack Corporation ( LOJN), up 9.1% and Lincoln Educational Services ( LINC), up 8.3%.
YY Inc., through its subsidiaries, operates an online social platform in the People's Republic of China. YY has a market cap of $3.8 billion and is part of the technology sector. Shares are up 28.3% year to date as of the close of trading on Monday. 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 notable return on equity, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the stock itself is trading at a premium valuation.