3 Stocks Driving The Services Sector Higher
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 163 points (-0.9%) at 17,539 as of Thursday, Nov. 12, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 691 issues advancing vs. 2,260 declining with 136 unchanged.
The Services sector currently sits down 0.6% versus the S&P 500, which is down 0.7%. Top gainers within the sector include
(
), up 4.2%,
(
), up 3.9%,
(
), up 1.6%,
(
), up 1.3% and
(
), up 1.3%. On the negative front, top decliners within the sector include
(
), down 20.5%,
(
), down 12.8%,
(
), down 3.2%,
(
), down 1.9% and
(
), down 1.7%.
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, Kohl's is up $2.79 (6.5%) to $45.95 on heavy volume. Thus far, 11.3 million shares of Kohl's exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $45.27-$47.24 after having opened the day at $45.43 as compared to the previous trading day's close of $43.16.
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Kohl's Corporation operates department stores in the United States. It offers private label, exclusive, and national brand apparel, footwear, accessories, beauty, and home products to children, men, and women customers. Kohl's has a market cap of $8.9 billion and is part of the retail industry. Shares are down 29.3% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts who rate Kohl's a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Kohl's
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full
now.
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2. As of noon trading,
(
) is up $0.42 (0.9%) to $48.94 on light volume. Thus far, 881,050 shares of Ross Stores exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $48.10-$49.22 after having opened the day at $48.10 as compared to the previous trading day's close of $48.52.
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Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. It primarily offers apparel, accessories, footwear, and home fashions. Ross Stores has a market cap of $20.4 billion and is part of the retail industry. Shares are up 2.9% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts who rate Ross Stores a buy, no analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates
Ross Stores
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and notable return on equity. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full
now.
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1. As of noon trading,
(
) is up $0.58 (0.6%) to $93.38 on average volume. Thus far, 778,126 shares of L Brands exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $91.81-$93.39 after having opened the day at $92.13 as compared to the previous trading day's close of $92.80.
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L Brands, Inc. operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria's Secret, Bath & Body Works, and Victoria's Secret and Bath & Body Works International. L Brands has a market cap of $27.6 billion and is part of the retail industry. Shares are up 7.2% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate L Brands a buy, no analysts rate it a sell, and 17 rate it a hold.
TheStreet Ratings rates
L Brands
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and expanding profit margins. We feel its strengths outweigh the fact that the company shows weak operating cash flow. 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
(
).