3 Services Stocks Moving The Sector Upward
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 171 points (1.0%) at 18,028 as of Monday, March 9, 2015, 1:50 PM ET. The NYSE advances/declines ratio sits at 1,589 issues advancing vs. 1,440 declining with 142 unchanged.
The Services sector currently is unchanged today versus the S&P 500, which is up 0.5%. Top gainers within the sector include
(
), up 2.1%,
(
), up 1.4%,
(
), up 1.3%,
(
), up 1.0% and
(
), up 0.7%. On the negative front, top decliners within the sector include
(
), down 4.6%,
(
), down 3.3%,
(
), down 3.7%,
(
), down 2.9% and
(
), down 2.5%.
TheStreet would like to highlight 3 stocks pushing the sector higher today:
3.
(
) is one of the companies pushing the Services sector higher today. As of noon trading, Target is up $1.05 (1.4%) to $78.26 on average volume. Thus far, 2.4 million shares of Target exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $76.95-$78.41 after having opened the day at $77.11 as compared to the previous trading day's close of $77.21.
Target Corporation operates general merchandise stores in the United States and Canada. Target has a market cap of $49.8 billion and is part of the retail industry. Shares are up 1.7% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Target a buy, 2 analysts rate it a sell, and 12 rate it a hold.
TheStreet Ratings rates
Target
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full
now.
2. As of noon trading,
(
) is up $0.81 (1.0%) to $83.16 on light volume. Thus far, 1.6 million shares of Walgreens Boots Alliance exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $82.12-$83.24 after having opened the day at $82.19 as compared to the previous trading day's close of $82.35.
Walgreens Boots Alliance, Inc., together with its subsidiaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, as well as through mail, and by telephone and online. Walgreens Boots Alliance has a market cap of $78.7 billion and is part of the retail industry. Shares are up 8.1% year-to-date as of the close of trading on Friday. Currently there are 9 analysts who rate Walgreens Boots Alliance a buy, no analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates
Walgreens Boots Alliance
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full
Walgreens Boots Alliance Ratings Report
now.
1. As of noon trading,
(
) is up $1.36 (1.3%) to $105.18 on light volume. Thus far, 2.6 million shares of Walt Disney exchanged hands as compared to its average daily volume of 7.1 million shares. The stock has ranged in price between $103.82-$105.25 after having opened the day at $103.93 as compared to the previous trading day's close of $103.82.
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive. Walt Disney has a market cap of $178.5 billion and is part of the media industry. Shares are up 10.2% year-to-date as of the close of trading on Friday. Currently there are 12 analysts who rate Walt Disney a buy, no analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates
Walt Disney
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, notable return on equity, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full
now.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the services sector could consider
iShares Dow Jones US Cons Services
(
) while those bearish on the services sector could consider
ProShares Ultra Short Consumer Sers
(
).
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