Home Depot Inc (HD): 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.

Home Depot ( HD) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day down 1.3%. By the end of trading, Home Depot fell $1.27 (-1.6%) to $77.42 on average volume. Throughout the day, 6,276,212 shares of Home Depot exchanged hands as compared to its average daily volume of 7,091,800 shares. The stock ranged in price between $77.35-$78.76 after having opened the day at $78.64 as compared to the previous trading day's close of $78.69. Other companies within the Services sector that declined today were: Education Management ( EDMC), down 14.4%, AthenaHealth ( ATHN), down 13.9%, ALCO Stores ( ALCS), down 11.8% and MWI Veterinary Supply ( MWIV), down 11.7%.

The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $108.6 billion and is part of the retail industry. The company has a P/E ratio of 21.1, above the S&P 500 P/E ratio of 17.7. Shares are down 4.4% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Home Depot a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, notable return on equity, good cash flow from operations, increase in stock price during the past year and reasonable valuation levels. 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 positive front, Appliance Recycling Centers Of America ( ARCI), up 28.4%, Dex Media ( DXM), up 22.9%, Office Depot ( ODP), up 15.8% and Saga Communications ( SGA), up 11.4% , were all gainers within the services sector with Aaron's ( AAN) 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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