Today's Stocks Driving Success For The Services Sector
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
Two out of the three major indices are trading lower today with the
Dow Jones Industrial Average
(
^DJI
) trading down 131 points (-0.7%) at 17,945 as of Thursday, March 19, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 912 issues advancing vs. 2,103 declining with 122 unchanged.
The Services sector currently is unchanged today versus the S&P 500, which is down 0.6%. Top gainers within the sector include
(
), up 16.0%,
(
), up 4.8%,
(
), up 4.2%,
(
), up 4.1% and
(
), up 2.7%. On the negative front, top decliners within the sector include
(
), down 3.8%,
(
), down 3.1%,
(
), down 2.4%,
(
), down 2.1% and
(
), down 2.1%.
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, Starbucks is up $2.18 (2.3%) to $98.02 on heavy volume. Thus far, 6.0 million shares of Starbucks exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $96.38-$98.50 after having opened the day at $96.76 as compared to the previous trading day's close of $95.84.
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Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; Europe, Middle East, and Africa; China/Asia Pacific; and Channel Development. Starbucks has a market cap of $70.8 billion and is part of the leisure industry. Shares are up 16.8% year-to-date as of the close of trading on Wednesday. Currently there are 15 analysts who rate Starbucks a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Starbucks
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full
now.
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2. As of noon trading,
(
) is up $1.36 (3.0%) to $47.17 on heavy volume. Thus far, 9.5 million shares of Delta Air Lines exchanged hands as compared to its average daily volume of 11.4 million shares. The stock has ranged in price between $46.35-$47.24 after having opened the day at $46.44 as compared to the previous trading day's close of $45.81.
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.
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo worldwide. The company operates in two segments, Airline and Refinery. Its route network comprises various gateway airports in Amsterdam, Detroit, Los Angeles, Minneapolis-St. Delta Air Lines has a market cap of $38.5 billion and is part of the transportation industry. Shares are down 6.9% year-to-date as of the close of trading on Wednesday. Currently there are 12 analysts who rate Delta Air Lines a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates
Delta Air Lines
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full
Delta Air Lines Ratings Report
now.
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1. As of noon trading,
(
) is up $3.23 (0.8%) to $426.35 on average volume. Thus far, 950,056 shares of Netflix exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $421.79-$427.54 after having opened the day at $423.22 as compared to the previous trading day's close of $423.12.
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.
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 $25.3 billion and is part of the media industry. Shares are up 23.9% year-to-date as of the close of trading on Wednesday. Currently there are 14 analysts who rate Netflix a buy, 2 analysts rate it a sell, and 12 rate it a hold.
TheStreet Ratings rates
Netflix
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including premium valuation, weak operating cash flow and relatively poor performance when compared with the S&P 500 during the past year. 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
(
).
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