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
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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.
- 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.
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