4 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 9 points (-0.1%) at 14,437 as of Tuesday, March 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,094 issues advancing vs. 1,829 declining with 130 unchanged.

The Services sector currently sits down 0.4% versus the S&P 500, which is down 0.3%. Top gainers within the sector include J.C. Penney ( JCP), up 4.8%, Dick's Sporting Goods ( DKS), up 5.0%, Costco Wholesale Corporation ( COST), up 2.0%, Yum Brands ( YUM), up 1.5% and Michael Kors Holdings ( KORS), up 1.4%. On the negative front, top decliners within the sector include W.W. Grainger ( GWW), down 2.2%, Melco Crown Entertainment ( MPEL), down 1.7%, News Corporation ( NWS), down 1.6%, United Continental Holdings ( UAL), down 1.5% and Tyco International ( TYC), down 1.6%.

TheStreet Ratings group would like to highlight 4 stocks pushing the sector higher today:

4. Cabela's ( CAB) is one of the companies pushing the Services sector higher today. As of noon trading, Cabela's is up $6.46 (12.0%) to $60.36 on heavy volume Thus far, 1.8 million shares of Cabela's exchanged hands as compared to its average daily volume of 879,200 shares. The stock has ranged in price between $56.05-$60.81 after having opened the day at $56.99 as compared to the previous trading day's close of $53.90.

Cabela's Incorporated, together with its subsidiaries, operates as a specialty retailer and direct marketer of hunting, fishing, camping, and related outdoor merchandise. Cabela's has a market cap of $3.9 billion and is part of the specialty retail industry. The company has a P/E ratio of 22.8, above the S&P 500 P/E ratio of 17.7. Shares are up 32.0% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Cabela's a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Cabela's as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Cabela's Ratings Report now.

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3. As of noon trading, Safeway ( SWY) is up $0.44 (1.9%) to $23.75 on average volume Thus far, 3.6 million shares of Safeway exchanged hands as compared to its average daily volume of 5.9 million shares. The stock has ranged in price between $23.33-$23.88 after having opened the day at $23.33 as compared to the previous trading day's close of $23.31.

Safeway Inc., together with its subsidiaries, operates as a food and drug retailer in North America. Safeway has a market cap of $5.7 billion and is part of the retail industry. The company has a P/E ratio of 10.4, below the S&P 500 P/E ratio of 17.7. Shares are up 28.9% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Safeway a buy, 3 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Safeway as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, notable return on equity, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Safeway Ratings Report now.

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2. As of noon trading, Wal-Mart Stores ( WMT) is up $0.43 (0.6%) to $73.41 on light volume Thus far, 3.4 million shares of Wal-Mart Stores exchanged hands as compared to its average daily volume of 9.2 million shares. The stock has ranged in price between $72.84-$73.61 after having opened the day at $72.95 as compared to the previous trading day's close of $72.98.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. It operates retail stores, restaurants, discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, apparel stores, Sam's Clubs, and neighborhood markets, as well as walmart.com; and samsclub.com. Wal-Mart Stores has a market cap of $244.3 billion and is part of the retail industry. The company has a P/E ratio of 14.5, below the S&P 500 P/E ratio of 17.7. Shares are up 7.0% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Wal-Mart Stores a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Wal-Mart Stores 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, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Wal-Mart Stores Ratings Report now.

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1. As of noon trading, Amazon.com ( AMZN) is up $2.19 (0.8%) to $273.43 on average volume Thus far, 2.3 million shares of Amazon.com exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $270.36-$277.40 after having opened the day at $271.00 as compared to the previous trading day's close of $271.24.

Amazon.com, Inc. operates as an online retailer in North America and internationally. The company operates in two segments, North America and International. Amazon.com has a market cap of $124.6 billion and is part of the retail industry. Shares are up 8.1% year to date as of the close of trading on Monday. Currently there are 22 analysts that rate Amazon.com a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Amazon.com as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Amazon.com Ratings Report now.

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If you are interested in one of these 4 stocks, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).

A reminder about TheStreet Ratings group: 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.

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