5 Stocks Pushing The Services Sector Higher

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 17 points (0.1%) at 13,052 as of Thursday, Dec. 6, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,459 issues advancing vs. 1,413 declining with 145 unchanged.

The Services sector currently sits up 0.2% versus the S&P 500, which is up 0.2%. Top gainers within the sector include New Oriental Education & Technology Group I ( EDU), up 8.0%, AthenaHealth ( ATHN), up 7.1%, MGM Resorts International ( MGM), up 7.0%, Netflix ( NFLX), up 5.1% and Safeway ( SWY), up 4.8%. On the negative front, top decliners within the sector include UTi Worldwide ( UTIW), down 8.8%, SAIC ( SAI), down 3.0%, Expeditors International of Washington ( EXPD), down 2.0%, CH Robinson Worldwide ( CHRW), down 1.5% and Norfolk Southern Corporation ( NSC), down 0.7%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector higher today:

5. TJX Companies ( TJX) is one of the companies pushing the Services sector higher today. As of noon trading, TJX Companies is up $0.44 (1.0%) to $43.77 on light volume Thus far, 1.4 million shares of TJX Companies exchanged hands as compared to its average daily volume of 5.7 million shares. The stock has ranged in price between $43.01-$43.78 after having opened the day at $43.24 as compared to the previous trading day's close of $43.33.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. TJX Companies has a market cap of $31.6 billion and is part of the retail industry. The company has a P/E ratio of 18.4, above the S&P 500 P/E ratio of 17.7. Shares are up 34.3% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate TJX Companies a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates TJX Companies as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full TJX Companies Ratings Report now.

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