3 Stocks Boosting The Services Sector Higher
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 208 points (1.2%) at 18,167 as of Friday, March 20, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,559 issues advancing vs. 479 declining with 106 unchanged.
The Services sector currently sits up 0.9% versus the S&P 500, which is up 0.9%. Top gainers within the sector include
(
), up 23.0%,
Companhia Brasileira De Distribuicao
(
), up 5.7%,
(
), up 4.2%,
(
), up 3.2% and
(
), up 2.4%. A company within the sector that fell today was
(
), up 1.6%.
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, MasterCard is up $0.92 (1.0%) to $89.94 on average volume. Thus far, 2.0 million shares of MasterCard exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $89.38-$90.28 after having opened the day at $89.57 as compared to the previous trading day's close of $89.02.
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MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. MasterCard has a market cap of $98.8 billion and is part of the financial services industry. Shares are up 3.3% year-to-date as of the close of trading on Thursday. Currently there are 19 analysts who rate MasterCard a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
MasterCard
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, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full
now.
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2. As of noon trading,
(
) is up $0.54 (0.8%) to $67.35 on average volume. Thus far, 6.5 million shares of Visa exchanged hands as compared to its average daily volume of 10.7 million shares. The stock has ranged in price between $66.78-$67.41 after having opened the day at $67.25 as compared to the previous trading day's close of $66.81.
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Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. Visa has a market cap of $131.4 billion and is part of the financial services industry. Shares are up 1.9% year-to-date as of the close of trading on Thursday. Currently there are 21 analysts who rate Visa a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Visa
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, growth in earnings per share, increase in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full
now.
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1. As of noon trading,
(
) is up $4.86 (1.3%) to $378.10 on average volume. Thus far, 1.8 million shares of Amazon.com exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $375.92-$378.75 after having opened the day at $376.29 as compared to the previous trading day's close of $373.24.
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 $174.2 billion and is part of the retail industry. Shares are up 20.3% year-to-date as of the close of trading on Thursday. 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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