3 Stocks Driving 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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 46 points (-0.3%) at 14,513 as of Wednesday, March 27, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,149 issues advancing vs. 1,749 declining with 144 unchanged.

The Diversified Services industry currently sits down 0.1% versus the S&P 500, which is down 0.2%. Top gainers within the industry include Net 1 Ueps Technologies ( UEPS), up 24.2%, Visa ( V), up 0.6% and MasterCard Incorporated ( MA), up 0.6%. On the negative front, top decliners within the industry include Fleetcor Technologies ( FLT), down 1.1%, and Tyco International ( TYC), down 0.5%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Acacia Research Coroporation ( ACTG) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, Acacia Research Coroporation is up $1.15 (3.9%) to $30.60 on light volume Thus far, 174,373 shares of Acacia Research Coroporation exchanged hands as compared to its average daily volume of 577,500 shares. The stock has ranged in price between $29.06-$30.63 after having opened the day at $29.35 as compared to the previous trading day's close of $29.45.

Acacia Research Corporation, through its subsidiaries, acquires, develops, licenses, and enforces patented technologies in the United States. Acacia Research Coroporation has a market cap of $1.4 billion and is part of the services sector. The company has a P/E ratio of 23.6, above the S&P 500 P/E ratio of 17.7. Shares are up 14.8% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Acacia Research Coroporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Acacia Research Coroporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Acacia Research Coroporation Ratings Report now.

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2. As of noon trading, SAIC ( SAI) is up $0.60 (4.7%) to $13.42 on heavy volume Thus far, 6.3 million shares of SAIC exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $13.21-$13.65 after having opened the day at $13.46 as compared to the previous trading day's close of $12.82.

SAIC, Inc. provides scientific, engineering, systems integration, and technical services and solutions to agencies of the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. SAIC has a market cap of $4.4 billion and is part of the services sector. The company has a P/E ratio of 23.4, above the S&P 500 P/E ratio of 17.7. Shares are up 13.3% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate SAIC a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates SAIC as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full SAIC Ratings Report now.

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1. As of noon trading, Ulta Salon Cosmetics & Fragrances ( ULTA) is up $1.08 (1.4%) to $80.38 on average volume Thus far, 702,372 shares of Ulta Salon Cosmetics & Fragrances exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $78.63-$80.65 after having opened the day at $78.99 as compared to the previous trading day's close of $79.30.

Ulta Salon, Cosmetics & Fragrance, Inc. operates as a beauty retailer that provides prestige, mass, and salon products; and salon services in the United States. Ulta Salon Cosmetics & Fragrances has a market cap of $4.9 billion and is part of the services sector. The company has a P/E ratio of 28.8, above the S&P 500 P/E ratio of 17.7. Shares are down 19.3% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Ulta Salon Cosmetics & Fragrances a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Ulta Salon Cosmetics & Fragrances as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Ulta Salon Cosmetics & Fragrances Ratings Report now.

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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry 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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