5 Stocks Advancing The Services Sector
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 89 points (0.6%) at 15,077 as of Friday, July 5, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,417 issues advancing vs. 1,574 declining with 76 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 6.3%,
New Oriental Education & Technology Group I
(
), up 5.1%,
(
), up 3.3%,
(
), up 3.0% and
(
), up 3.1%. On the negative front, top decliners within the sector include
(
), down 5.7%,
(
), down 2.6% and
(
), down 2.1%.
TheStreet would like to highlight 5 stocks pushing the sector higher today:
5.
(
) is one of the companies pushing the Services sector higher today. As of noon trading, Costco Wholesale Corporation is up $0.65 (0.6%) to $111.56 on light volume. Thus far, 499,353 shares of Costco Wholesale Corporation exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $110.71-$112.31 after having opened the day at $112.24 as compared to the previous trading day's close of $110.91.
Costco Wholesale Corporation engages in the operation of membership warehouses. The company offers branded and private-label products in a range of merchandise categories. Costco Wholesale Corporation has a market cap of $48.4 billion and is part of the retail industry. Shares are up 12.3% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Costco Wholesale Corporation a buy, 2 analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Costco Wholesale Corporation
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full
Costco Wholesale Corporation Ratings Report
now.
4. As of noon trading,
(
) is up $1.03 (1.1%) to $98.80 on light volume. Thus far, 519,407 shares of FedEx Corporation exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $98.18-$99.04 after having opened the day at $98.59 as compared to the previous trading day's close of $97.77.
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. FedEx Corporation has a market cap of $31.1 billion and is part of the transportation industry. Shares are up 6.6% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate FedEx Corporation a buy, 1 analyst rates it a sell, and 6 rate it a hold.
TheStreet Ratings rates
FedEx Corporation
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, reasonable valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full
FedEx Corporation Ratings Report
now.
3. As of noon trading,
(
) is up $1.56 (1.0%) to $156.86 on light volume. Thus far, 413,086 shares of Union Pacific exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $155.71-$157.49 after having opened the day at $156.41 as compared to the previous trading day's close of $155.30.
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, provides rail transportation services in North America. Union Pacific has a market cap of $72.4 billion and is part of the transportation industry. Shares are up 23.5% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Union Pacific a buy, no analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Union Pacific
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, notable return on equity 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.
2. As of noon trading,
United Parcel Service Inc (UPS) Class B
(
) is up $1.28 (1.5%) to $87.44 on light volume. Thus far, 698,737 shares of United Parcel Service Inc (UPS) Class B exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $86.63-$87.50 after having opened the day at $86.68 as compared to the previous trading day's close of $86.16.
United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain and Freight. The U.S. United Parcel Service Inc (UPS) Class B has a market cap of $62.8 billion and is part of the transportation industry. Shares are up 16.9% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate United Parcel Service Inc (UPS) Class B a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
United Parcel Service Inc (UPS) Class B
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, revenue growth, growth in earnings per share, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full
United Parcel Service Inc (UPS) Class B Ratings Report
now.
1. As of noon trading,
(
) is up $0.32 (0.6%) to $52.11 on light volume. Thus far, 1.6 million shares of Las Vegas Sands exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $51.66-$52.66 after having opened the day at $52.31 as compared to the previous trading day's close of $51.79.
Las Vegas Sands Corp. develops, owns, and operates integrated resorts in Asia and the United States. Las Vegas Sands has a market cap of $42.7 billion and is part of the leisure industry. Shares are up 12.2% year to date as of the close of trading on Wednesday. Currently there are 16 analysts that rate Las Vegas Sands a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Las Vegas Sands
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
Las Vegas Sands Ratings Report
now.
If you are interested in one of these 5 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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