3 Stocks Improving Performance Of The Services Sector

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

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

Abercrombie & Fitch

(

ANF

), up 20.7%,

Vipshop Holdings

(

VIPS

), up 10.3%,

Ross Stores

(

ROST

), up 8.1%,

Gap

(

GPS

), up 6.2% and

Foot Locker

(

FL

), up 4.9%. On the negative front, top decliners within the sector include

Melco Crown Entertainment

(

MPEL

), down 3.1%,

Chipotle Mexican Grill

(

CMG

), down 1.6% and

Luxottica Group SpA

(

LUX

), down 0.9%.

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

3.

Home Depot

(

HD

) 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

buy

. 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

Home Depot Ratings Report

now.

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2. As of noon trading,

Alibaba Group

(

BABA

) 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

sell

. 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

Alibaba Group Ratings Report

now.

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1. As of noon trading,

Netflix

(

NFLX

) 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

hold

. 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

Netflix Ratings Report

now.

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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

(

IYC

) while those bearish on the services sector could consider

ProShares Ultra Short Consumer Sers

(

SCC

).

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