Services Stocks On The Rise With Help From 3 Stocks
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 67 points (-0.4%) at 18,405 as of Thursday, July 28, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,296 issues advancing vs. 1,538 declining with 200 unchanged.
The Services sector currently sits down 0.3% versus the S&P 500, which is down 0.2%. Top gainers within the sector include
(
), up 3.7%,
(
), up 3.4%,
(
), up 1.7%,
(
), up 1.4% and
(
), up 1.2%. On the negative front, top decliners within the sector include
(
), down 8.8%,
Companhia Brasileira De Distribuicao
(
), down 8.2%,
(
), down 5.2%,
(
), down 2.7% and
(
), down 2.5%.
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, Lowe's Companies is up $0.76 (0.9%) to $81.52 on light volume. Thus far, 1.8 million shares of Lowe's Companies exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $80.69-$81.74 after having opened the day at $80.79 as compared to the previous trading day's close of $80.76.
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.
Lowe's Companies, Inc. operates as a home improvement retailer. It offers products for home maintenance, repair, remodeling, and decorating. Lowe's Companies has a market cap of $71.8 billion and is part of the retail industry. Shares are up 6.2% year-to-date as of the close of trading on Wednesday. Currently there are 12 analysts who rate Lowe's Companies a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Lowe's Companies
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and solid stock price performance. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
Lowe's Companies Ratings Report
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.
2. As of noon trading,
(
) is up $0.71 (0.5%) to $137.02 on light volume. Thus far, 1.2 million shares of Home Depot exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $136.10-$137.36 after having opened the day at $136.19 as compared to the previous trading day's close of $136.31.
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.
The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $170.1 billion and is part of the retail industry. Shares are up 3.1% year-to-date as of the close of trading on Wednesday. Currently there are 10 analysts who rate Home Depot a buy, 1 analyst rates it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Home Depot
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, impressive record of earnings per share growth and increase in net income. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. 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 $11.04 (1.5%) to $747.71 on average volume. Thus far, 2.5 million shares of Amazon.com exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $739.70-$749.82 after having opened the day at $745.98 as compared to the previous trading day's close of $736.67.
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.
Amazon.com, Inc. engages in the retail sale of consumer products in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. Amazon.com has a market cap of $347.1 billion and is part of the retail industry. Shares are up 9.0% year-to-date as of the close of trading on Wednesday. Currently there are 26 analysts who rate Amazon.com a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Amazon.com
as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, robust revenue growth, expanding profit margins and solid stock price performance. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. 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
(
).
