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NEW YORK (

TheStreet

) --

Sears Holdings

(SHLD)

and

Metro PCS

(PCS)

were among the best-performing stocks on the

S&P 500

Thursday.

The S&P 500 rose 5.8 points, or 0.43%, to close at 1,363.46.

Shares of Sears jumped 18.66% to $61.80. The retailer said Thursday it would try to raise about $1 billion by selling off or spinning out stores. Sears plans on selling

11 stores

to

General Growth Partners

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TheStreet Recommends

(GGP)

to the tune of about $270 million.

Sears also reported a

fourth-quarter loss

of $2.4 billion.

Five of the six analysts who cover Sears rate it at sell; one analyst gives it a hold rating.

TheStreet Ratings

gives Sears a

D grade

and sell rating. The stock has risen 94.46% year to date.

Metro PCS shares increased 13.81% to $11.70 on Thursday. The telecommunications company reported fourth-quarter earnings of $91 million, or 25 cents a share, on $1.24 billion in revenue, up from year-ago earnings of $14 million, or 4 cents a share, on $1.1 billion in revenue. Analysts, on average, expected 16 cents a share in earnings on $1.24 billion in revenue.

Metro PCS has an estimated price-to-earnings ratio for next year of 12.47; the average for mobile telecommunications companies is 20.23. For comparison, both

American Tower

(AMT) - Get American Tower Corporation Report

and

Crown Castle International

(CCI) - Get Crown Castle International Corp Report

have higher forward P/Es of 34.27 and 44.64 respectively.

Of the 29 analysts who cover Metro PCS, 15 rated it buy, 13 gave it a hold rating and one analyst considered it a sell.

Metro PCS gets a

C+ grade

from

TheStreet Ratings

and is rated hold. The stock increased 34.79% year to date.

Other top performers in the S&P 500 Thursday include:

--

Written by Alexandra Zendrian in New York.

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Alexandra Zendrian

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