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Today's Stocks Driving Success For The Diversified Services Industry

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 40 points (-0.3%) at 14,679 as of Wednesday, April 24, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,751 issues advancing vs. 1,159 declining with 143 unchanged.

The Diversified Services industry currently sits down 0.42 versus the S&P 500, which is unchanged. A company within the industry that increased today was Mercadolibre ( MELI), up 1.62. On the negative front, top decliners within the industry include ManpowerGroup ( MAN), down 3.41, Fleetcor Technologies ( FLT), down 1.32 and SBA Communications ( SBAC), down 1.16.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. Ryder System ( R) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, Ryder System is up $3.73 (7.00) to $57.04 on heavy volume Thus far, 1.3 million shares of Ryder System exchanged hands as compared to its average daily volume of 634,500 shares. The stock has ranged in price between $55.01-$57.57 after having opened the day at $55.62 as compared to the previous trading day's close of $53.31.

Ryder System, Inc. provides transportation and supply chain management solutions. It operates in two segments, Fleet Management Solutions (FMS) and Supply Chain Solutions (SCS). Ryder System has a market cap of $3.0 billion and is part of the services sector. The company has a P/E ratio of 14.6, below the S&P 500 P/E ratio of 17.7. Shares are up 14.7% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Ryder System as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Ryder System Ratings Report now.

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