Today I would like to discover stocks from the services sector with the highest year-to-date performance. The sector is the second best performer behind the healthcare segment but the performance is more unequal distributed: The best dividend stocks on the top 20 list have a price performance between 60 percent and 247 percent. Service is a place to be for investors.
In order
to reduce some extraordinary companies and to get better results, I decided to
exclude all stocks with a lower market capitalization (below USD 300 million). Small
cap stocks have normally a higher performance ratio, also in this screen: More than half of the results have a market
cap below a billion dollars. The average market cap of the top 20 stocks after my
limit rule amounts to USD 2.6 billion.
Despite the strong stock price growth; twelve
shares still have a buy or better rating. Broadcasting and TV companies are very
hot and dominating the screening results. There is some rumor in the market about
takeovers and mergers.
