3 Stocks Driving The Diversified Services Industry Higher

TheStreet highlights 3 stocks pushing the diversified services industry higher today.
By TheStreet Wire ,

All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 44 points (-0.2%) at 17,874 as of Wednesday, Nov. 4, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,080 issues advancing vs. 1,836 declining with 168 unchanged.

The Diversified Services industry currently is unchanged today versus the S&P 500, which is down 0.4%. Top gainers within the industry include

Fidelity National Information Services

(

FIS

), up 3.7%, and

Moody's Corporation

(

MCO

), up 0.5%. On the negative front, top decliners within the industry include

Quad/Graphics

(

QUAD

), down 25.4%,

Kforce

(

KFRC

), down 12.4%,

RR Donnelley & Sons

(

RRD

), down 2.8%,

Qiagen

(

QGEN

), down 1.8% and

Verisk Analytics

(

VRSK

), down 1.2%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3.

Myriad Genetics

(

MYGN

) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, Myriad Genetics is up $2.05 (4.8%) to $44.37 on heavy volume. Thus far, 1.2 million shares of Myriad Genetics exchanged hands as compared to its average daily volume of 953,100 shares. The stock has ranged in price between $42.99-$44.78 after having opened the day at $43.70 as compared to the previous trading day's close of $42.32.

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.

Myriad Genetics, Inc., a personalized medicine company, focuses on the development and marketing of predictive, personalized, and prognostic medicine tests worldwide. Myriad Genetics has a market cap of $2.9 billion and is part of the services sector. Shares are up 24.2% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Myriad Genetics a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates

Myriad Genetics

as a

buy

. 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, reasonable valuation levels, good cash flow from operations and solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

Myriad Genetics 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,

Mercadolibre

(

MELI

) is up $3.72 (3.6%) to $107.95 on heavy volume. Thus far, 472,550 shares of Mercadolibre exchanged hands as compared to its average daily volume of 516,300 shares. The stock has ranged in price between $104.26-$109.55 after having opened the day at $104.60 as compared to the previous trading day's close of $104.23.

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.

MercadoLibre, Inc. hosts online commerce platforms in Latin America. It offers MercadoLibre Marketplace, an automated online e-commerce service for businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. Mercadolibre has a market cap of $4.5 billion and is part of the services sector. Shares are down 18.4% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who rate Mercadolibre a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Mercadolibre

as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. Get the full

Mercadolibre 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.

1. As of noon trading,

Visa

(

V

) is up $0.52 (0.7%) to $78.42 on average volume. Thus far, 3.6 million shares of Visa exchanged hands as compared to its average daily volume of 9.2 million shares. The stock has ranged in price between $77.90-$78.54 after having opened the day at $78.36 as compared to the previous trading day's close of $77.90.

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.

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 $146.8 billion and is part of the financial sector. Shares are up 18.8% year-to-date as of the close of trading on Tuesday. Currently there are 19 analysts who rate Visa a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates

Visa

as a

buy

. 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, expanding profit margins and solid stock price performance. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full

Visa 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.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider

iShares Dow Jones US Cons Services

(

IYC

) while those bearish on the diversified services industry could consider

ProShares Ultra Short Consumer Sers

(

SCC

).

Loading ...