3 Stocks Driving The Leisure Industry Higher

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 14 points (0.1%) at 18,287 as of Monday, May 18, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,496 issues advancing vs. 1,491 declining with 173 unchanged.

The Leisure industry currently sits up 0.1% versus the S&P 500, which is up 0.2%. A company within the industry that increased today was Royal Caribbean Cruises ( RCL), up 0.9%. A company within the industry that fell today was King Digital Entertainment ( KING), up 2.7%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. MGM Resorts International ( MGM) is one of the companies pushing the Leisure industry higher today. As of noon trading, MGM Resorts International is up $0.18 (0.9%) to $19.66 on light volume. Thus far, 3.4 million shares of MGM Resorts International exchanged hands as compared to its average daily volume of 13.4 million shares. The stock has ranged in price between $19.32-$19.66 after having opened the day at $19.41 as compared to the previous trading day's close of $19.47.

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MGM Resorts International, through its subsidiaries, owns and/or operates casino resorts. It operates through two segments, Wholly Owned Domestic Resorts and MGM China. The company's casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. MGM Resorts International has a market cap of $10.9 billion and is part of the services sector. Shares are down 9.6% year-to-date as of the close of trading on Friday. Currently there are 11 analysts who rate MGM Resorts International a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates MGM Resorts International as a hold. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and generally higher debt management risk. Get the full MGM Resorts International Ratings Report now.

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