Today's Stocks Driving Success For 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 44 points (0.2%) at 18,603 as of Wednesday, July 20, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,983 issues advancing vs. 916 declining with 144 unchanged.

The Services sector currently sits up 0.8% versus the S&P 500, which is up 0.4%. Top gainers within the sector include

Cintas

(

CTAS

), up 10.5%,

New Oriental Education & Technology Group I

(

EDU

), up 6.7%,

Vipshop Holdings

(

VIPS

), up 4.3%,

Canadian Pacific Railway

(

CP

), up 3.8% and

Restaurant Brands International

(

QSR

), up 3.1%. On the negative front, top decliners within the sector include

Liberty Global

(

LBTYB

), down 1.9%, and

Liberty Global

(

LBTYK

), down 1.6%.

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

3.

Starbucks

(

SBUX

) is one of the companies pushing the Services sector higher today. As of noon trading, Starbucks is up $0.30 (0.5%) to $57.06 on average volume. Thus far, 3.8 million shares of Starbucks exchanged hands as compared to its average daily volume of 8.6 million shares. The stock has ranged in price between $56.70-$57.24 after having opened the day at $57.00 as compared to the previous trading day's close of $56.76.

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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 $83.4 billion and is part of the leisure industry. Shares are down 5.5% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts who rate Starbucks a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates

Starbucks

as a

buy

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in net income. We feel its strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full

Starbucks Ratings Report

now.

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2. As of noon trading,

Charter Communications

(

CHTR

) is up $2.32 (1.0%) to $234.33 on light volume. Thus far, 952,079 shares of Charter Communications exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $227.63-$234.39 after having opened the day at $232.86 as compared to the previous trading day's close of $232.01.

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Charter Communications, Inc., through its subsidiaries, provides cable services in the United States. The company offers various entertainment, information, and communications solutions to residential and commercial customers. Charter Communications has a market cap of $23.8 billion and is part of the media industry. Shares are up 26.7% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts who rate Charter Communications a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

Charter Communications

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and poor profit margins. Get the full

Charter Communications Ratings Report

now.

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1. As of noon trading,

Alibaba Group

(

BABA

) is up $1.19 (1.4%) to $83.96 on average volume. Thus far, 6.6 million shares of Alibaba Group exchanged hands as compared to its average daily volume of 15.6 million shares. The stock has ranged in price between $83.23-$84.19 after having opened the day at $83.27 as compared to the previous trading day's close of $82.77.

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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 $204.5 billion and is part of the specialty retail industry. Shares are up 1.9% year-to-date as of the close of trading on Tuesday. Currently there are 16 analysts who rate Alibaba Group a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Alibaba Group

as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full

Alibaba Group 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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