Services Sector

Services Sector Bullish Stocks: Boyd Gaming (NYSE:BYD), Knightsbridge Tankers (NASDAQ:VLCCF), Pinnacle Entertainment (NYSE:PNK), Bona Film Group (NASDAQ:BONA)

Resort, and gaming products operator Boyd Gaming (NYSE:BYD) vaulted higher by 16.5% after hedge fund Elliott Management disclosed in a regulatory filing that it had obtained 4.99% of Boyd’s outstanding shares and had additional exposure of 2.05% through derivatives. Boyd Gaming Corporation (NYSE:BYD) stock performance was 16.53% in last session and finished the day at $13.75. Traded volume was 18,916,590 million shares in the last session and the average volume of the stock remained 3.27million shares. The beta of the stock remained 3.23. Boyd Gaming Corporation (NYSE:BYD) insider ownership is 1.50%.

Knightsbridge Tankers (NASDAQ:VLCCF) was upgraded by analysts at UBS AG from a neutral rating to a buy rating. The firm currently has $16.00 price target on the stock. Knightsbridge Tankers Limited (NASDAQ:VLCCF) rose 13.98 percent to $12.80 yesterday on volume of 2.73 million shares. The intra-day range of the stock was $11.75 to $13.22. Knightsbridge Tankers Limited (NASDAQ:VLCCF) has a market capitalization of $390.04 million.

Pinnacle Entertainment , Inc (NYSE:PNK) jumped 6%, as its breakout past a 24.60 buy point became much more clear. Volume was tracking nearly three times its average. Pinnacle Entertainment, Inc (NYSE:PNK)’s stock on Mar 11, 2014 reported an increase of 5.96% to the closing price of $25.76. Its fifty two weeks range is $14.14 -$26.58. The total market capitalization recorded $1.52 billion. The overall volume in the last trading session was 2,622,552 million shares. In its share capital, Pinnacle Entertainment, Inc (NYSE:PNK) has 59.18 million outstanding shares.

Bona Film Group Ltd. (ADR) (NASDAQ:BONA) led gainers with a 14% jump after saying it would make presentations to investors at upcoming conferences hosted by investment banks. On Tuesday, shares of Bona Film Group Ltd (ADR) (NASDAQ:BONA) advanced 10.44% to close the day at $ 8.04. Company return on investment (ROI) is -0.90% and its monthly performance is recorded as 35.35%. Bona Film Group Ltd (ADR) (NASDAQ:BONA) quarterly revenue growth is 48.61%.