Churchill Downs, Luxottica and Others Analysts Are Bullish On

Here is a quick look some dividend payers in the services sector that have a consensus recommendation of analysts of Strong Buy. Cedar Fair FUN is more than 39% higher in the past six months but has pulled back about 9% from recent a multiyear high. The amusement park operator, headquartered in Sandusky, Ohio, expects to continue its record-setting momentum from 2011. It has a market cap of $1.6 billion. The dividend yield is 5.5% and its return on equity is of 140.4%. Over the past six months, the stock has outperformed competitor Six Flags Entertainment SIX. Churchill Downs CHDN shares are up about 39% from six months ago, despite pulling back more than 2% from a recent multiyear high. The Louisville, Ky.-based gaming and entertainment company posted record revenues in the first quarter. It has a market cap of $1.0 billion and a dividend yield of 1.0%. The stock has outperformed competitors Caesars Entertainment CZR and Pinnacle Entertainment PNK year to date. Core-Mark Holding CORE is up about 22% in the past six months, including more than 12% in the past week following a better-than-expected first-quarter report. The San Francisco-based supplier to convenience stores and supermarkets has a market cap of $487.3 million, a dividend yield of 1.6% and a long-term EPS growth forecast of 14.0%. Because of the recent surge, the stock has outperformed the broader markets over the past six months. UK-based InterContinental Hotels Group IHG has seen its share price rise more than 31% since the beginning of the year, recently hitting a new multiyear high. First-quarter results beat analysts' expectations. The company has a $6.9 billion market cap and a return on equity of 110.7%. The dividend yield is 2.3%. The stock has outperformed peers Hyatt Hotels H and Marriott International MAR over the past six months. See also: Atlas Energy, Dillards and Other Dividend Payers on a Roll The share price of Luxottica Group LUX is up more than 22% in the past six months, despite pulling back more than 7% in the past week. This Italian producer of Rayban and Oakley sunglasses saw first-quarter sales surge on strength in emerging markets. The $16.2 billion market cap company has a dividend yield of 1.8% and a long-term EPS growth forecast of 14.5%. Over the past six months, the stock has outperformed the likes of Coach COH and Tiffany TIF. Shares of Macquarie Infrastructure MIC have hit a number of new multiyear highs since the beginning of the year, and the stock is now more than 43% higher than a year ago. The New York-based company saw strong first-quarter results from all its operating entities. It has a dividend yield of 2.3% and a market cap of $1.6 billion. The operating margin is higher than the industry average. Over the past six months, the stock has easily outperformed the broader markets. WPP Group WPPGY is trading more than 24% higher than six months ago despite pulling back about 4% in the past week. The Dublin-based advertising agency recently has reported strong revenue growth in emerging markets. The $16.3 billion market cap company has a dividend yield of 3.0%. The stock has outperformed rivals such as Interpublic Group IPG and Omnicom OMC, as well as the broader markets, over the past six months. See also: Honda, Movado and Others Analysts Are Bullish On
ACTION ITEMS: Bullish: Investors may want to consider the following trades that are also services providers highly recommended by analysts:
  • Liquidity Services LQDT is up about 70% year to date.
  • Titan Machinery TITN is up more than 46% higher year to date.
  • BioScrip BIOS is more than 41% higher year to date.
  • Hertz Global Holdings HTZ is more than 23% higher year to date.
Bearish: Traders may prefer to consider these alternative positions in other sectors:
  • Cheniere Energy LNG is up about 87% year to date.
  • Pharmacyclics PCYC is up more than 81% year to date.
  • Inventure Foods SNAK is more than 75% higher year to date.
  • Cirrus Logic CRUS is up more than 66% year to date.
Neither Benzinga nor its staff recommend that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. Benzinga recommends that you conduct your own due diligence and consult a certified financial professional for personalized advice about your financial situation.
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Posted In: Long IdeasShort IdeasDividendsTrading IdeasApparel, Accessories & Luxury GoodsBioScripCheniere EnergyCirrus LogicCoachConsumer DiscretionaryConsumer Goods Stocksdividend stocksHertz Global HoldingsHotels, Resorts & Cruise LinesHyattInformation TechnologyInterContinental HotelsInternet Software & ServicesInterpublic GroupInventure FoodsLiquidity ServicesLuxotticaMacquarie InfrastructuremarriottomnicompharmacyclicsTiffanyTitan MachineryWPP Group
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