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.
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 105 points (-0.6%) at 17,872 as of Tuesday, March 31, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,171 issues advancing vs. 1,802 declining with 173 unchanged.
The Services sector currently sits down 0.2% versus the S&P 500, which is down 0.4%. Top gainers within the sector include
(
), up 13.0%,
(
), up 6.9%,
(
), up 5.4%,
(
), up 4.9% and
(
), up 3.1%. On the negative front, top decliners within the sector include
(
), down 3.0%,
(
), down 2.2%,
(
), down 1.8%,
(
), down 1.7% and
(
), down 1.5%.
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 $0.44 (0.5%) to $82.58 on average volume. Thus far, 2.0 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 $82.00-$82.80 after having opened the day at $82.27 as compared to the previous trading day's close of $82.14.
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Target Corporation operates as a general merchandise retailer in the United States and Canada. Target has a market cap of $52.3 billion and is part of the retail industry. Shares are up 8.2% year-to-date as of the close of trading on Monday. Currently there are 6 analysts who rate Target a buy, 2 analysts rate it a sell, and 11 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.
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2. As of noon trading,
(
) is up $0.40 (0.7%) to $58.32 on light volume. Thus far, 1.9 million shares of eBay exchanged hands as compared to its average daily volume of 9.0 million shares. The stock has ranged in price between $57.67-$58.39 after having opened the day at $57.70 as compared to the previous trading day's close of $57.92.
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.
eBay Inc. operates as a technology company that enables commerce and payments on behalf of users, merchants, retailers, and brands of various sizes in the United States and internationally. It operates in three segments: Marketplaces, Payments, and Enterprise. eBay has a market cap of $69.9 billion and is part of the specialty retail industry. Shares are up 3.2% year-to-date as of the close of trading on Monday. Currently there are 14 analysts who rate eBay a buy, 2 analysts rate it a sell, and 13 rate it a hold.
TheStreet Ratings rates
eBay
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full
now.
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1. As of noon trading,
(
) is up $1.92 (0.5%) to $376.51 on light volume. Thus far, 938,419 shares of Amazon.com exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $372.65-$376.98 after having opened the day at $373.24 as compared to the previous trading day's close of $374.59.
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. 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 $172.1 billion and is part of the retail industry. Shares are up 20.7% year-to-date as of the close of trading on Monday. Currently there are 15 analysts who rate Amazon.com a buy, no analysts rate it a sell, and 14 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.
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
(
).
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