5 Stocks Pushing The Diversified Services Industry 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

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 39 points (-0.3%) at 13,960 as of Monday, Feb. 25, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,475 issues advancing vs. 1,392 declining with 148 unchanged.

The Diversified Services industry currently sits up 0.2% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Hertz Global Holdings ( HTZ), up 6.8%, New Oriental Education & Technology Group I ( EDU), up 3.8%, Avis Budget Group ( CAR), up 2.9%, Qiagen ( QGEN), up 2.0% and SAIC ( SAI), up 1.9%. On the negative front, top decliners within the industry include Moody's Corporation ( MCO), down 0.6%, and MasterCard Incorporated ( MA), down 0.7%.

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

5. Corrections Corporation of America ( CXW) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, Corrections Corporation of America is up $0.54 (1.4%) to $37.99 on average volume Thus far, 589,407 shares of Corrections Corporation of America exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $37.50-$38.07 after having opened the day at $37.86 as compared to the previous trading day's close of $37.45.

Corrections Corporation of America, together with its subsidiaries, owns and operates privatized correctional and detention facilities in the United States. Corrections Corporation of America has a market cap of $3.7 billion and is part of the services sector. The company has a P/E ratio of 23.5, above the S&P 500 P/E ratio of 17.7. Shares are up 4.2% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Corrections Corporation of America a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Corrections Corporation of America as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Corrections Corporation of America Ratings Report now.

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