3 Stocks Improving Performance Of The Services Sector
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 104 points (0.6%) at 17,836 as of Friday, Nov. 20, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,952 issues advancing vs. 981 declining with 162 unchanged.
The Services sector currently sits up 0.8% versus the S&P 500, which is up 0.6%. Top gainers within the sector include
(
), up 20.7%,
(
), up 10.3%,
(
), up 8.1%,
(
), up 6.2% and
(
), up 4.9%. On the negative front, top decliners within the sector include
(
), down 3.1%,
(
), down 1.6% and
(
), down 0.9%.
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, Home Depot is up $1.28 (1.0%) to $128.14 on light volume. Thus far, 2.0 million shares of Home Depot exchanged hands as compared to its average daily volume of 5.4 million shares. The stock has ranged in price between $127.09-$128.57 after having opened the day at $127.38 as compared to the previous trading day's close of $126.86.
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The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $162.5 billion and is part of the retail industry. Shares are up 20.9% year-to-date as of the close of trading on Thursday. Currently there are 10 analysts who rate Home Depot a buy, no analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Home Depot
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
now.
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2. As of noon trading,
(
) is up $2.06 (2.6%) to $79.93 on average volume. Thus far, 9.2 million shares of Alibaba Group exchanged hands as compared to its average daily volume of 19.9 million shares. The stock has ranged in price between $78.40-$80.05 after having opened the day at $78.44 as compared to the previous trading day's close of $77.87.
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Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally. Alibaba Group has a market cap of $193.9 billion and is part of the specialty retail industry. Shares are down 25.1% year-to-date as of the close of trading on Thursday. Currently there are 16 analysts who rate Alibaba Group a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Alibaba Group
as a
. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. Get the full
now.
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1. As of noon trading,
(
) is up $1.32 (1.1%) to $121.54 on light volume. Thus far, 6.6 million shares of Netflix exchanged hands as compared to its average daily volume of 22.1 million shares. The stock has ranged in price between $119.21-$121.83 after having opened the day at $120.85 as compared to the previous trading day's close of $120.22.
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Netflix, Inc., an Internet television network, engages in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally. The company operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. Netflix has a market cap of $51.6 billion and is part of the media industry. Shares are up 146.3% year-to-date as of the close of trading on Thursday. Currently there are 17 analysts who rate Netflix a buy, 2 analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Netflix
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and expanding profit margins. 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
(
).