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 42 points (0.3%) at 14,338 as of Thursday, March 7, 2013, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,674 issues advancing vs. 1,197 declining with 153 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 Hot Topic ( HOTT), up 29.2%, Vail Resorts ( MTN), up 7.2%, John Wiley & Sons ( JW.A), up 6.6%, Gol Intelligent Airlines ( GOL), up 5.8% and Delhaize Group ( DEG), up 4.5%. On the negative front, top decliners within the sector include China Lodging Group ( HTHT), down 12.2%, Meredith Corporation ( MDP), down 6.8%, Ross Stores ( ROST), down 4.9%, Pier 1 Imports ( PIR), down 4.2% and KAR Auction Services ( KAR), down 3.5%.

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

5. MGM Resorts International ( MGM) is one of the companies pushing the Services sector higher today. As of noon trading, MGM Resorts International is up $0.21 (1.7%) to $12.42 on light volume Thus far, 3.3 million shares of MGM Resorts International exchanged hands as compared to its average daily volume of 11.0 million shares. The stock has ranged in price between $12.30-$12.44 after having opened the day at $12.34 as compared to the previous trading day's close of $12.21.

MGM Resorts International, through its subsidiaries, owns and operates casino resorts. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. MGM Resorts International has a market cap of $5.9 billion and is part of the leisure industry. Shares are up 4.9% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate MGM Resorts International a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates MGM Resorts International as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally high debt management risk, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full MGM Resorts International Ratings Report now.

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