Macy's Inc (M): 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.

Macy's ( M) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day down 0.6%. By the end of trading, Macy's rose $0.60 (1.0%) to $58.12 on light volume. Throughout the day, 2,673,454 shares of Macy's exchanged hands as compared to its average daily volume of 3,801,900 shares. The stock ranged in a price between $57.57-$58.24 after having opened the day at $57.58 as compared to the previous trading day's close of $57.52. Other companies within the Services sector that increased today were: Navigator Holdings ( NVGS), up 11.8%, SUPERVALU ( SVU), up 11.5%, Tarena International Inc ADR ( TEDU), up 8.2% and ManpowerGroup ( MAN), up 7.1%.

Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. Macy's has a market cap of $21.2 billion and is part of the retail industry. Shares are up 7.7% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Macy's a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Macy's as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front, Sport Chalet ( SPCHB), down 12.9%, ChinaNet Online Holdings ( CNET), down 10.8%, InterCloud Systems ( ICLD), down 10.4% and Qunar Cayman Islands ( QUNR), down 6.6% , 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).

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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