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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