3 Stocks Boosting The Services Sector Higher
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 24 points (0.1%) at 17,741 as of Thursday, March 31, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,790 issues advancing vs. 1,130 declining with 157 unchanged.
The Services sector currently sits up 0.3% versus the S&P 500, which is up 0.1%. Top gainers within the sector include
(
), up 6.3%,
(
), up 4.0%,
(
), up 2.9%,
(
), up 2.5% and
(
), up 2.4%. On the negative front, top decliners within the sector include
(
), down 1.8%,
(
), down 1.7%,
(
), down 1.6%,
(
), down 1.6% and
(
), down 1.5%.
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, Royal Caribbean Cruises is up $2.41 (3.0%) to $82.76 on average volume. Thus far, 2.6 million shares of Royal Caribbean Cruises exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $80.63-$82.78 after having opened the day at $80.63 as compared to the previous trading day's close of $80.35.
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Royal Caribbean Cruises Ltd. operates as a cruise company. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France, and TUI Cruises brand names. Royal Caribbean Cruises has a market cap of $16.5 billion and is part of the leisure industry. Shares are down 20.6% year-to-date as of the close of trading on Wednesday. Currently there are 10 analysts who rate Royal Caribbean Cruises a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Royal Caribbean Cruises
as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full
Royal Caribbean Cruises Ratings Report
now.
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2. As of noon trading,
(
) is up $1.68 (1.1%) to $159.41 on light volume. Thus far, 445,731 shares of McKesson exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $157.11-$159.84 after having opened the day at $158.06 as compared to the previous trading day's close of $157.73.
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McKesson Corporation delivers pharmaceuticals, medical supplies, and health care information technologies to the healthcare industry in the United States and internationally. The company operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions. McKesson has a market cap of $36.3 billion and is part of the wholesale industry. Shares are down 20.0% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts who rate McKesson a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
McKesson
as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, revenue growth and notable return on equity. We feel its strengths outweigh the fact that the company shows low profit margins. 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.
1. As of noon trading,
(
) is up $0.46 (0.8%) to $61.26 on light volume. Thus far, 2.9 million shares of Comcast exchanged hands as compared to its average daily volume of 12.8 million shares. The stock has ranged in price between $60.64-$61.37 after having opened the day at $60.64 as compared to the previous trading day's close of $60.80.
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.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. Comcast has a market cap of $149.5 billion and is part of the media industry. Shares are up 7.7% year-to-date as of the close of trading on Wednesday. Currently there are 19 analysts who rate Comcast a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Comcast
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and reasonable valuation levels. We feel its strengths outweigh the fact that the company shows low profit margins. 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
(
).
