3 Services Stocks Nudging The Sector Higher
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 130 points (0.7%) at 18,277 as of Monday, July 11, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,173 issues advancing vs. 757 declining with 136 unchanged.
The Services sector currently sits up 1.0% versus the S&P 500, which is up 0.6%. Top gainers within the sector include
(
), up 6.2%,
(
), up 5.4%,
(
), up 5.1%,
(
), up 5.0% and
(
), up 4.6%. A company within the sector that fell today was
(
), up 4.1%.
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, Priceline Group is up $25.87 (1.9%) to $1,355.33 on average volume. Thus far, 403,573 shares of Priceline Group exchanged hands as compared to its average daily volume of 658,400 shares. The stock has ranged in price between $1,341.49-$1,360.99 after having opened the day at $1,341.50 as compared to the previous trading day's close of $1,329.46.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
The Priceline Group Inc. provides online travel and restaurant reservation and related services. Priceline Group has a market cap of $64.4 billion and is part of the diversified services industry. Shares are up 4.3% year-to-date as of the close of trading on Friday. Currently there are 14 analysts who rate Priceline Group a buy, 1 analyst rates it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Priceline Group
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full
Priceline Group Ratings Report
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
2. As of noon trading,
(
) is up $1.78 (2.2%) to $80.76 on average volume. Thus far, 8.5 million shares of Alibaba Group exchanged hands as compared to its average daily volume of 15.2 million shares. The stock has ranged in price between $79.24-$80.79 after having opened the day at $79.33 as compared to the previous trading day's close of $78.99.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally. Alibaba Group has a market cap of $196.3 billion and is part of the specialty retail industry. Shares are down 2.8% year-to-date as of the close of trading on Friday. Currently there are 16 analysts who rate Alibaba Group a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Alibaba Group
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
1. As of noon trading,
(
) is up $9.35 (1.2%) to $755.16 on average volume. Thus far, 1.8 million shares of Amazon.com exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $747.00-$755.55 after having opened the day at $750.00 as compared to the previous trading day's close of $745.81.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Amazon.com, Inc. engages in the retail sale of consumer products in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. Amazon.com has a market cap of $347.5 billion and is part of the retail industry. Shares are up 10.3% year-to-date as of the close of trading on Friday. Currently there are 28 analysts who rate Amazon.com a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Amazon.com
as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, robust revenue growth, expanding profit margins and solid stock price performance. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
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
(
).