3 Services Stocks On The Rise
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 or Stephanie Link.
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 111 points (0.6%) at 18,244 as of Monday, March 2, 2015, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,773 issues advancing vs. 1,212 declining with 168 unchanged.
The Services sector currently sits up 0.7% versus the S&P 500, which is up 0.4%. Top gainers within the sector include
(
), up 2.8%,
(
), up 2.4%,
(
), up 2.4%,
Starwood Hotels & Resorts Worldwide
(
), up 2.4% and
(
), up 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, Comcast is up $0.50 (0.8%) to $59.88 on light volume. Thus far, 3.7 million shares of Comcast exchanged hands as compared to its average daily volume of 13.9 million shares. The stock has ranged in price between $59.50-$59.99 after having opened the day at $59.51 as compared to the previous trading day's close of $59.38.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. Comcast has a market cap of $127.2 billion and is part of the media industry. Shares are up 2.4% year-to-date as of the close of trading on Friday. Currently there are 15 analysts who rate Comcast a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Comcast
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, notable return on equity, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full
now.
2. As of noon trading,
(
) is up $18.62 (1.5%) to $1,256.10 on average volume. Thus far, 321,031 shares of Priceline Group exchanged hands as compared to its average daily volume of 833,400 shares. The stock has ranged in price between $1,232.03-$1,262.00 after having opened the day at $1,237.75 as compared to the previous trading day's close of $1,237.48.
The Priceline Group Inc. provides online travel and travel related reservation and search services. Priceline Group has a market cap of $64.5 billion and is part of the diversified services industry. Shares are up 8.5% year-to-date as of the close of trading on Friday. Currently there are 13 analysts who rate Priceline Group a buy, no analysts rate 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 robust 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. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full
Priceline Group Ratings Report
now.
1. As of noon trading,
(
) is up $5.19 (1.4%) to $385.35 on light volume. Thus far, 1.0 million shares of Amazon.com exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $379.48-$385.82 after having opened the day at $380.85 as compared to the previous trading day's close of $380.16.
Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates in two segments, North America and International. Amazon.com has a market cap of $178.7 billion and is part of the retail industry. Shares are up 22.5% year-to-date as of the close of trading on Friday. Currently there are 16 analysts who rate Amazon.com a buy, no analysts rate it a sell, and 12 rate it a hold.
TheStreet Ratings rates
Amazon.com
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. 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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