Service Stocks

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Earnings Report Season

By Carly Forster

The new earnings season officially kicks off this week with three big players scheduled to announce quarterly reports. Find out what to look for in Alcoa Inc. (NYSE:AA), PepsiCo Inc. (NYSE:PEP), and Walgreens Boots Alliance Inc. (NASDAQ:WBA).

Alcoa Inc:

Alcoa will announce its second quarter 2015 earnings results on Wednesday, July 9 after market close. Analysts expect the company to post earnings of $0.23 a share and $5.79 billion on revenue, up from $0.18 earnings per share but down from $5.84 billion in revenue from the same quarter a year prior.

It is worth noting the analyst EPS estimate for Alcoa has fallen from $0.26 over the past 60 days, however Wall Street has a history of underestimating the company’s EPS over the past four consecutive quarters.

With that said, Alcoa shares have not been in the best position lately as the stock price has been lingering around its 52-week low of $10.94, last closing at $11.07. In an effort to boost shares and expand its business, the aluminum producer has been exploring 3-D printing jet engine parts.

Additionally, Alcoa acquired titanium and specialty metals producer RTI earlier this year, paying 13 times EBITA. The acquisition was one of the factors that drove the company’s earnings per share down in the past quarter.

Out of 10 analysts polled by TipRanks, six analysts are bullish on Alcoa and four analysts are neutral. The stock’s 12-month average price target is $16.89, marking a potential upside of 52.16% from where the stock is currently trading. On average, the all-analyst consensus for AA is Moderate Buy.

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PepsiCo Inc.:

PepsiCo is slated to announce second quarter 2015 earnings results on Thursday, July 9 before the market opens. The snack and beverage company is expected to post earnings of $1.24 per share and $15.8 billion in revenue, down from $1.32 earnings per share and $16.89 billion in revenue from the same quarter last year.

While the estimated EPS for Pepsi marks an eight cent decrease from the same quarter last year, the company has beat earnings expectations for the past four consecutive quarters.

The decrease in earnings and revenue expectations comes at a time when the soda industry is undergoing big changes. For example, Pepsi is currently in the midst of launching a new brand of beverages called “Stubborn Soda,” which is intended to be a move towards craft soda. With the rise in popularity with craft beers, Pepsi’s intention is to appeal to the same crowd with craft soft drinks.

Out of three analysts polled by TipRanks, two are bullish on Pepsi and one is neutral. The average 12-month price target for Pepsi is $110.50, marking a 16.73% potential upside from where the stock is currently trading. On average, the all-analyst consensus for PEP is Moderate Buy.

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Walgreens Boots Alliance Inc.:

Walgreens Boots Alliance is set to announce its third quarter fiscal 2015 earnings results on Thursday, July 9 before the market opens. The company is expected to post earnings of $0.87 a share and $29.67 billion in revenue, down from $0.91 earnings per share but up from $19.4 billion in revenue year-over-year.

This will be the second earnings report since American drug store chain Walgreens successfully merged with a European drugstore chain Alliance Boots, creating Walgreens Boots Alliance.

In the third quarter, the company hit a post-merger all-time high of $93.42 and remains as one of the most popular retailers in the United States.

Out of six analysts polled by TipRanks, three are bullish on Walgreens Boots Alliance and three are neutral on the stock. The 12-month average price target for Walgreens is $95, marking a potential upside of 10.71% from where the stock is currently trading. On average, the all-analyst consensus for WBA is Hold.

WBA

 

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Ebay Stock News

By Cody Miecnikowski

On July 2, eBay Inc (NASDAQ:EBAY) announced a clear-cut agreement in which Paypal, Inc. will acquire Xoom Corp (NASDAQ:XOOM) for $25 per share, or $890 million in cash. eBay’s shares have since increased, but some analysts argue that eBay’s shares will level off.

PayPal’s $890 million transaction represents a premium of 32% over Xoom’s three-month volume-weighted average price and was unanimously approved by the Board of Directors of both companies, as well as the Board of eBay Inc., PayPal’s parent company.

These companies have a niche presence in the digital money transfer market, and make a strong union together.

Launched in 2001, Xoom is known as a pioneer in digital money transfer, allowing consumers to send money and pay bills from the United States to 33 other countries. Founded in 1998, PayPal is a worldwide online payment system and has become one of the world’s largest Internet payment companies.

In July 2002 shortly after PayPal’s IPO, the company was acquired by eBay for $1.5 billion. After the companies merged, more than 70% of all eBay auctions accepted PayPal payments, and roughly 1 in 4 closed auction via PayPal.

It was announced in September 2014 that eBay would spin off PayPal into a separate publicly traded company. The spin-off is expected to be completed sometime in the second half of 2015.

PayPal’s president, Dan Schulman, said, “Expanding into international money transfer and remittances aligns with our strategic vision to democratize the movement and management of money.” He continues, “Acquiring Xoom allows PayPal to offer a broader range of services to our global customer base, increase customer engagement and enter an important and growing adjacent marketplace.” He goes on to explain that Xoom’s presence in 37 countries will help PayPal’s expansion into important markets like Mexico, China, India, Brazil, and more.

However, the PayPal-Xoom combination is not as exciting for everyone as the merger poses a serious competitive threat to Western Union. Both PayPal and Xoom have large presence in the digital money transfer market where Western Union is still developing.

Western Union’s shares took a serious hit after the news, plunging 6.9% to $18.99.

There are many expected strategic benefits from the Xoom acquisition. For one, the merger broadens PayPal’s consumer offering to its 68 million active U.S. customers by cross-selling Xoom’s service. Furthermore, Xoom’s proprietary and fast “funds-out” network enables PayPal to enter this growing marketplace with a leading technology solution and a strong presence in key international markets. Finally, Xoom delivers a strong technology platform coupled with excellent customer service.

The announcement sent eBay’s shares up 40 cents to $60.82, and is currently trading at $61.85.

SunTrust analyst Robert Peck reiterated a Hold rating on eBay on July 2, observing that this merger is part of the PayPal’s strategy of growth-by-acquisition. Referring to the long-term rationale for the deal, Peck cited that there were “synergies/opportunity between Xoom and Venmo inside the PayPal ecosystem enabling lower cost (ACH, or debit worse-case) wallet funding (PayPal, Paydiant) and in-market and cross-border [Consumer to consumer] and [consumer to business] transactions.” He continued, “This could serve to sustain relevance on the consumer side and (interrelated) preserve/lower funding cost and strengthen the value proposition on the merchant side.”

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Robert Peck has a 59% success rate recommending stocks, earning an +11.2% average return per recommendation. He has rated eBay 16 times total with no success and a -6.4% average loss per recommendation.

KWB analyst Sanjay Sakhrani felt more bullish on eBay, reiterating a Buy rating with a $70 price target on July 2. The analyst explains that the acquisition will allow PayPal to offer an additional product to existing customers and “broaden its appeal to new customers, while also heightening customer engagement with a focus on Key regions (more [specifically], Mexico, India, the Philippines, China and Brazil.” Sakrani adds that enhancing PayPals consumer value proposition is “the right thing” to do.

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Sanjay Sakrani has a 72% success rate recommending stocks, earning an +8.35% average return per recommendation. He has rated eBay a total of five times, earning a 60% success rate recommending the stock and a +9.9% average return per recommendation.

Out of the 20 analysts polled by TipRanks, 6 analysts are bullish on eBay, 13 are neutral, and 1 is bearish. The average 12-month price target for eBay is $64.24, marking a 3.86% potential upside from where the stock is currently trading. On average, the all-analyst consensus for eBay is a HOLD.

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Service Stock Bulls Casino Stocks Gaining On China Visa Regulation News

ITT Educational Services Climbs In A Big Way, But It Probably Won’t Last

ITT Educational Services, Inc. (NYSE: ESI)

ITT Educational Services stock is up in a big way today, trading on relatively high volume. According to NASDAQ, the average daily volume over the past 90 days on ESI has been 1,018,415. However, so far today, 1,018,415 shares have traded hands. As a result, ESI is currently (1:01) trading at $4.35 per share after a gain of 9.30%. Unfortunately however, I don’t think there’s much left by way of gains in this run. Given the fact that the trend in the stock over the past 5 years has been overwhelmingly bearish with few bullish runs, I’m going to have to side with the technical analysts and say that history is likely to repeat itself. I will say however that ESI is currently trading around the lowest price we’ve seen since 2005. So, maybe it will hit support some day. Nonetheless, it’s been fun to watch.

Wynn Resorts Is Up On China’s Decision To Ease Visa Restrictions

Wynn Resorts, Limited (NASDAQ: WYNN)

Wynn Resorts stock is climbing for the second day in a row after China made the decision to ease visa restrictions to mainland tourists traveling to the Macau gaming district. This is a great thing for Wynn as high frequency gamblers from the area tend to visit twice every 30 days; compared to twice every 60 days from other regions. More gambling is likely to increase profits at WYNN. Currently (1:08), the stock is trading at $104.09 per share after a gain of 5.49% so far today. Unlike ESI however, the gains we’re seeing from WYNN are likely to hold long term. Nonetheless, after large climbs, we tend to see pull backs before more positive movement. With that said, now may be the time to start looking for pull backs that signify great opportunities to get in on the growth.

Melco Crown Entertainment Climbs Right Along Wynn’s Side

Melco Crown Entertainment Ltd (ADR) (NASDAQ: MPEL)

Finally, Melco Crown Entertainment, another major casino owner in the district is gaining right along side WYNN. Following the news of China’s visa restrictions being lifeted, MPEL has been gaining for 2 days now; and along with WYNN, I’m not expecting to see major declines any time soon. Currently (1:13), MPEL is trading at $20.70 after a gain of 5.46%. Again, because of the reason for the increase in value here, I’m expecting to see more gains in the future. With that said, now may be the time to start looking for pull backs that signify opportunities for growth.

Do You Know Of Any Others?

Do you know of any other stocks in the service sector that are running with the bulls today? If so, let us know in the comments below!

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McDonalds MCD Stock News

By Carly Forster

McDonald’s Corporation (NYSE: MCD) has been in deep water ever since it was uncovered almost a year ago that the company’s primary food supplier in China was selling expired meat to the restaurant chain. Ever since, it seems that McDonald’s has faced hurdle after hurdle all while management has tried to keep the company afloat. Additionally, McDonald’s stock has only increased a mere 4% in the eleven months since the scandal and the company’s U.S. same-store sales have dropped in the past six consecutive quarters.

As the public has grown a little more health conscious in recent years, McDonald’s has had trouble appealing to and gaining the trust of younger customers. Millennials have turned their attention to “healthy fast-food” establishment, Chipotle Mexican Grill, Inc. (NYSE: CMG), which adamantly displays transparent food sourcing thereby earning the trust of consumers in more than 1,600 locations.

McDonald’s came up with a few ideas to turn things around, including streamlining its menu so it is less overwhelming to customers and lowering the number of ingredients in its products to make them more appealing to the health conscious consumer.

However, these efforts were not enough to convince investors of a positive turnaround. Earlier this year, McDonald’s announced that former CEO Don Thompson would be stepping down from his position as he struggled to revive the company’s domestic sales. President of McDonald’s Europe, Steve Easterbrook, was chosen to take over as CEO of the company.

Two months into his new role as CEO, Easterbrook assured investors of his turnaround plan, focusing on “driving operational growth, returning excitement to our brand and unlocking financial value.” McDonald’s will operate under a new organizational structure following four market segments: the U.S, international lead markets, high-growth markets, and foundational markets.

Although this news gives investor a glimmer of hope, it has been over-shadowed by McDonald’s plans to close more restaurants in the U.S. than it opens this year. Back in April, McDonald’s wrote off $72 million in assets due to management’s decision to close about 220 under-performing restaurants in the U.S. and China, and an additional 130 underperforming restaurants in Japan. McDonald’s spokeswoman Becca Hary confirmed last week that the company will close more underperforming stores in the U.S this year than it opens, but failed to provide a specific figure.

On a lighter note for investors, McDonald’s has been notorious for raising its dividend every year since 1977 with a 19.5% growth rate over the past decade. However, due to the company’s recent sales struggles, McDonald’s dividend growth rate has dropped to 9% over the past three years.

Out of nine analysts polled by TipRanks, three are bullish on McDonald’s and six analysts are neutral. The 12-month average price target for McDonald’s is $102.25, marking a 5.5% potential upside from where the stock is currently trading. Overall, the all-analyst consensus for McDonald’s is Hold.

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Netflix NFLX Stock News

By Carly Forster

It’s fair to say that Netflix, Inc. (NASDAQ: NFLX) has single handedly created the video streaming market. However, as video streaming gets more and more popular, Netflix has been facing growing competition from big players like Internet giant Amazon.com. Inc. (NASDAQ: AMZN).

Netflix  has certainly come a long way since starting as a mail-order movie rental service in 1997. The company went public in May 2002 and has shot up an overwhelming 4,107.5% since. Netflix has been especially on fire in 2015, jumping up 95.2% so far this year.

Netflix remains the clear leader in the video streaming industry with over 62 million subscribers in over 50 countries. However, Amazon’s streaming service, Amazon Prime Instant Video, is not too far behind with over 50 million subscribers worldwide.

In Netflix’s latest quarterly report dated April 15, the company surpassed 40 million U.S subscribers and 20 million international subscribers. The company posted total streaming revenue of $1.4 billion, with $985 million from the U.S. and $415 million internationally. In its next quarterly report slated for July 15, Netflix forecasts $1.47 billion in revenue with $1.024 billion from the U.S and $450 million internationally.

Five-star analyst Laura Martin of Needham & Co believes Netflix’s “international subscribers have 2-3x faster profit trajectories than in the US, suggesting higher ROICs, and therefore higher lifetime value per subscriber than US subscribers.” Martin reiterated a Buy rating on Netflix last week and hiked up her price target to $780 from $600 (pre-stock split).

Laura Martin has rated Netflix a total of nine times since October 2013, earning an 89% success rate recommending the stock and a +27.7% average return per recommendation. Overall, She has a 73% success rate recommending stocks and a +28.7% average return per recommendation.

While Amazon did not provide specific numbers on its Prime subscriptions in its latest quarterly report, RBC Capital analyst Mark Mahaney sees “Prime Instant Video as a useful tool for expanding Prime membership and boosting retention.” The analyst continues “to believe that AMZN’s Prime Sub level is likely well over 50MM on a global basis and growing very robustly despite the major price increase.” Mark Mahaney currently has an Outperform rating on Amazon with a $500 price target.

Mark Mahaney has rated Amazon 33 times since April 2009, earning an 88% success rate recommending the company and a +27.7% average return per recommendation. The analyst currently has an overall success rate of 64% recommending stocks and a +22.6% average return per recommendation.

One of Netflix’s most successful strategies to entice new subscribers is providing original content on its platform; including award winning shows like Orange is the New Black and House of Cards. The company has been continuously releasing original content throughout the year, which will amount to 320 hours by the end of 2015. This is the largest amount of original content Netflix has ever released.

Amazon is not far behind Netflix with this concept, however, as the company’s own original series, Transparent, won two Golden Globes earlier this year. In addition, Amazon has signed seasoned director Woody Allen to write and direct a 30 minute series that will stream on Amazon’s Prime Instant Video service.

One key difference between Netflix and Amazon Prime is the price of each subscription. Netflix charges customers $8.99 a month, while Amazon charges a $99 annual fee. Although Netflix is slightly more expensive, subscribers have access to a lot more content than they do on Amazon Prime. However, in addition to video streaming, Amazon Prime also comes with a free, one day shipping service as well as many other perks.

Although Netflix and Amazon are competing in the same market, both stocks have an all-analyst consensus of Moderate Buy onTipRanks.  But is there room for both Internet giants in the video streaming market? Only time will tell…

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Service Sector Stocks To Watch AMZN BBRY NFLX DIS

In the service industry, I believe that there are a few stocks that are presenting very strong opportunities. With that said, below are my favorites in service and why you should be watching these stocks…

Netflix Continues Declining On Icahn Announcement

Netflix, Inc. (NASDAQ: NFLX)

Netflix had a great run on Wednesday after announcing that the company would be performing a 7-1 stock split; meaning that if you own 1 share now, you will own 7 shares of the company after the split. This caused big gains. However, yesterday, billionaire Carl Icahn announced in a Twitter post that he had sold the remaining shares he had in the company; stating that Apple currently provides a better opportunity. While I agree with Icahn, I think it’s important not to discount the opportunity that Netflix provides; and thanks to the declines we saw yesterday and today, the stock is even more appealing. That’s because after the split, more investors will have access to the new, lower priced shares. This will likely cause the stock to gain in value as demand for shares increases. So, with regard to Netflix, it may be time to start looking for support as this one is likely to see pretty big gains relatively soon!

Amazon Web Services Is Getting Quite A Bit Of Attention

Amazon.com, Inc. (NASDAQ: AMZN)

Amazon is another stock that’s well worth watching closely. While I started to lose my faith in the stock last year, this year has been great; and is likely to get better. A few months ago, AMZN gave us a look into the details of Amazon Web Service, a cloud service offered by the company. At the time, AWS had already grown to be a $5 billion per year business; and margins are great since overhead on the service is incredibly low. As a result, their stock has been on a steep uptrend for quite some time now; leading analysts like Axiom to weigh in with upgraded ratings. With that said, I’m expecting AWS to continue to drive AMZN higher. So, if you’re looking for an opportunity for gains, this may just be what you’re looking for.

Walt Disney Stock Continues An Uptrend That’s Not Likely To Reverse

Walt Disney Co (NYSE: DIS)

Walt Disney stock is definitely one for the longs. The reality is that since its entrance in the market in 1978, we’ve seen uptrends leading to more uptrends; with the only major declines happening around poor economic times. With that said, if you’re looking for a solid long term investment, DIS is a very strong option. All you’ll need to do is look for the occasional pull back for your opportunity to get in on the gains!

BlackBerry Stock Is Likely To See A Trend Reversal

BlackBerry Ltd (NASDAQ: BBRY)

BlackBerry has had a rough time in the market recently. For more than a month, its stock price has been rolling down the hill. However, I think that this trend is likely to see a reversal relatively soon. BlackBerry announced today that it is planning a 12 million share buy back program. The goal here is to offset share dilution from employee stock plans. Ultimately, the buy back will make supply of BBRY shares fall; hopefully leading to an increase in demand and it’s price per share. So, this is another stock to watch closely for dips and buying ops as gains seem to be just around the corner.

Do You Know Of Any Others?

Are you watching any stocks in the service sector that are presenting strong opportunities? If so, let us know what they are in the comments below!

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Green Dot GDOT Stock News

Green Dot Corporation (NYSE: GDOT)

Green Dot Corporation stock is having a great day in the market today after announcing that a share repurchase program and new agreement with Walmart (NYSE: WMT) has been initiated. Today, we’ll take a look at the share repurchase program, discuss what we’re seeing in the market, and talk about what we can expect to see from GDOT moving forward. So, lets get right to it…

Green Dot Corporation To Repurchase Shares From Walmart

After hours yesterday, Green Dot Corporation made an announcement that they plan to repurchase shares under a new agreement with Walmart. The company said that its board of directors have authorized the company to repurchase shares of common stock in the amount of up to $150 million. Of course, this deal is pending regulatory approval; however, I don’t see any problems with the approval.

During the announcement, the company also explained the details of a new agreement they’ve come to with Walmart. The company has entered into a long-term agreement to continue serving as the program manager and issuing bank for the Walmart MoneyCard; an entire suite of prepaid credit card products.

How GDOT Reacted In The Market

As we tend to see any time positive news comes out about a particular stock, Green Dot Corporation stock is having an amazing day in the market today. The announcement caused a major climb in investor excitement and volume; leading to massive gains. Currently (2:04), GDOT is trading at $21.05 per share after a gain of 37.49% so far today.

What We Can Expect To See Moving Forward

Moving forward, I’ve got an overwhelmingly bullish opinion of Green Dot Corporation stock. Here’s how I see things going in both the short and long term…

  • Short Term – In the short term, investors have plenty to be excited about. The repurchasing program will likely cause an increase in the value of the stock; and the continued work with Walmart will generate more and more profit. While we may see pull backs after today’s massive gains, those pull backs aren’t likely to last long as this one is headed for the top.
  • Long Term – In the long run, I’m also expecting to see great things from Green Dot Corporation stock. First off, the company will be the issuing bank for the entire suite under the Walmart MoneyCard brand. This agreement is likely to generate a massive amount of profit for GDOT moving forward. Also, historically, we’ve seen Green Dot prove time and time again that they are a strong company with incredibly strong management; and most importantly, a plan for growth. Considering everything I’ve seen from GDOT recently, it’s hard to imagine a scenario where the stock will decline on any long term basis. So, when you see the pull backs, consider them great opportunities to get in on long term gains for a low cost.

What Do You Think?

Where do you think GDOT is headed and why? Let us know in the comments below!

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Disney (DIS) Stock News

Walt Disney Co. (NYSE: DIS)

Walt Disney is an amazing company with an incredible stock; one that is arguably a prime candidate for a long term investment option. Today, we’ll talk a bit about Walt Disney’s history, why it’s a great stock for now, and why DIS is incredibly likely to produce long term gains. So, let’s get right to it.

Walt Disney’s History

Going all the way back to the beginning of the stock’s availability in 1978; it has historically been a great option for growth. Looking at long term trends from 1978 to now, what we see is amazing. It has grown from $0.78 per share to $112.99; with the majority of that growth happening in very recent years. The only times this stock sees long term downtrends is in times of recession. We saw examples of this in 1999, 2002, and 2009; all major dips in the stock have had to do with poor worldwide economic conditions. That’s a time when all stocks fall; and believe it or not, DIS held its value in these times much better than many other options on the market.

So, what makes this company so special? Why is it that investors are so convinced that this company will continue to grow that we’ve seen massive increases in its value throughout its history? Well, because DIS has proven time and time again, not only their ability to be profitable, but their ability to increase their profits. Through telling amazing stories and captivating the imaginations of children and adults alike; Disney has done something that no other company has done, nor seems to be able to do today. The bottom line is that the company’s figurative monopoly on the childhood imagination almost guarantees success now and later.

Will Disney Ever Lose Its Luster?

I honestly don’t think it will. Chances are that more than 7 out of 10 people reading this grew up watching Mickey Mouse. I know that I did. Now to this day, these people probably get a bit of a warm feeling when they see an old cartoon come on. To make things even better, Disney theme parks have done an incredible job of inserting people into a very cartoon-ish atmosphere; bringing out the inner child in just about everyone that visits one of the parks. Now, there is no arguing that Disney has more competition now than they did when they began; however, as mentioned above, no one has ever, even to this day, been able to captivate people young and old like Disney has.

What We Can Expect From Disney Moving Forward

Moving forward, Walt Disney is destined to be a great bet for investors. While the stock does drop in times of economic recession, it tends to not only hold its value better than many other options, but recovery faster. With more and more talent joining the DIS team, and innovation in imaginative thinking covered, I think that Walt Disney is likely to maintain its monopoly over the human imagination; and that is likely to continue to be incredibly profitable!

What Do You Think?

Where do you think DIS is headed moving forward? Let us know in the comments below!

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Service Sector Stocks To Watch Z MSO AMCN

AirMedia Stock Climbs On “Going Private” Proposal

AirMedia Group Inc. (NASDAQ: AMCN)

AirMedia Group has announced that the Board of Directors received a non-binding proposal letter; propositioning the company to go private. The letter came from Mr. Herman Man Guo, the CEO of the company on behalf of himself and management. The proposal insinuates that the company should purchase all outstanding ordinary shares at a price of $6 per share; representing a 70.5% premium when compared to the closing price of AMCN on June 18th, 2015. As a result, the stock is climbing, currently (12:50) trading at $5.06 per share after a gain of 43.75% so far today. If this proposal is approved, stockholders are bound to be happy. So, now may be the time to get in before this happens.

Martha Stewart Living Omnimedia Is Up On Merger Talks

Martha Stewart Living Omnimedia, Inc. (NYSE: MSO)

Martha Stewart Living Omnimedia shares are up today following reports that the global lifestyle company is nearing an acquisition deal. The talks are surrounding the idea that Sequential Brands Group Inc (NASDAQ: SQBG) will be acquiring Martha Stewart Living Omnimedia. Currently, the companies are in talks of the acquisition. However, according to the Wall Street Journal, a merger could be announced in the coming days. As a result, MSO stock is up today; currently (12:57) trading at $6.93 per share after a gain of 7.28% so far today. As we know, acquisitions tend to lead to massive gains in the market. So, now may be the time to get in before the merger is actually announced.

Zillow Group Stock Is Climbing On High Volume

Zillow Group Inc (NASDAQ: Z)

Zillow Group stock is trading up nicely today; currently (1:02) trading at $90.56 per share after a gain of 4.12%. After looking into the stock, it’s easy to see the reason for the gains. The stock is currently trading on incredibly high volume. Over the past 50 days, the average daily volume on Z has been 1,888,116. However, today Zillow Group shares have traded hands 1,523,397 so far; and that number is climbing quickly. The strong volume today insinuates a great investor sentiment surrounding the stock, which is likely to lead to long term gains. So, keep a close eye out for pull-backs as this one is likely to lead to great opportunities.

Do You Know Of Any Others?

Are you watching any other service stocks that you’re expecting to gain in the long run? If so, let us know in the comments below!

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Winners and Losers In Service Stocks

In the service space today, stocks have been relatively mixed. With that said, I’ve found two of today’s biggest gainers so far and two of today’s biggest losers. Here’s what you need to know in service.

Winner: YY Stock Climbs As China Markets Rally

YY Inc (ADR) (NASDAQ: YY)

The video based Chinese social network known as YY is having a great day in the market today. The rally in the Chinese market came following a buyout offer of Qihoo 360. While YY isn’t part of Qihoo 360, the buyout offer for the company has led to a rally across several tech stocks in the Chinese market. With more than 300 million users, YY is growing fast and is likely to continue on its path. With that said, this may become a perfect investment opportunity moving forward. So, now may be the time to start looking for pull backs as they will open the door for a great entrance.

Loser: FedEx Corporation Stock Is Having A Tough Time Following Earnings

FedEx Corporation (NYSE: FDX)

FedEx Corporation is on the other side of the equation; having a difficult time in the market after the release of a negative earnings report. While experts expected to see EPS come in at $2.69, the actual figure came in $0.03 lower at $2.66. The company also missed top-line revenue expectations of $12.31 billion; generating only $12.1 billion in the quarter. As a result of the negative earnings report, FDX is continuing to fall. Currently (1:42), the stock is trading at $175.15 per share after a loss of 3.83% so far today. Given the most recent news, this is one to stay away from for now.

Winner: WidePoint Corporation Stock Continues Climbing On High Volume

WidePoint Corporation (NYSEMKT: WYY)

WidePoint Corporation has been enjoying gains all week caused by incredibly high volume. According to data provided by NASDAQ, throughout the past 90 days, the average daily volume on WYY has been 310,597. However, today so far, 1,803,084 shares have traded hands. As a result, the stock is up in a big way. Currently (1:46), WYY is trading at $1.84 per share after a gain of 6.98% so far today. Given the strong volume we’ve seen throughout the week, it looks like investor sentiment is great for the stock; which will likely lead to more bullish trends. Keep an eye out for dips in the value for great buying opportunities.

Loser: Cinedigm Corp Stock Declines Following Yesterday’s Gains

Cinedigm Corp (NASDAQ: CIDM)

Cinedigm Corp stock is having a tough day in the market; giving up most of yesterday’s gains from high volume. Currently (1:48), CIDM is trading at $0.87 per share after a loss of 5.12%. With uncertainties revolving around investor sentiment, and the company’s management, this is another one that is better to stay away from.

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Thought Leader Discussions

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Aytu Bioscience Inc (OTCMKTS: AYTU) Recently, the CNA Finance team had an opportunity to speak with Josh Disbrow, CEO of Aytu Bioscience. Josh Disbrow has...