5 Services Stocks Driving The 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 78 points (-0.5%) at 14,583 as of Wednesday, April 3, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 720 issues advancing vs. 2,193 declining with 115 unchanged.

The Services sector currently sits down 0.9% versus the S&P 500, which is down 0.7%. Top gainers within the sector include Abercrombie & Fitch ( ANF), up 4.1%, Panera Bread Company ( PNRA), up 3.6%, Michael Kors Holdings ( KORS), up 2.3% and Expeditors International of Washington ( EXPD), up 1.4%. On the negative front, top decliners within the sector include Global Payments ( GPN), down 7.9%, Delta Air Lines ( DAL), down 4.3%, Delhaize Group ( DEG), down 4.1%, Genesee & Wyoming ( GWR), down 3.9% and Hertz Global Holdings ( HTZ), down 3.7%.

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

5. Kohl's ( KSS) is one of the companies pushing the Services sector higher today. As of noon trading, Kohl's is up $0.57 (1.2%) to $46.28 on average volume Thus far, 1.4 million shares of Kohl's exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $45.83-$46.79 after having opened the day at $45.89 as compared to the previous trading day's close of $45.71.

Kohl's Corporation operates department stores in the United States. Its stores offer private, exclusive, and national branded apparel, footwear, and accessories for women, men, and children; soft home products, such as sheets and pillows; and housewares targeted to middle-income customers. Kohl's has a market cap of $10.1 billion and is part of the retail industry. The company has a P/E ratio of 10.9, below the S&P 500 P/E ratio of 17.7. Shares are up 6.4% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Kohl's a buy, 3 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Kohl's as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Kohl's Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

4. As of noon trading, Cardinal Health ( CAH) is up $0.45 (1.1%) to $42.50 on heavy volume Thus far, 3.0 million shares of Cardinal Health exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $42.11-$42.54 after having opened the day at $42.17 as compared to the previous trading day's close of $42.05.

Cardinal Health, Inc., a healthcare services company, provides pharmaceutical and medical products and services in the United States and internationally. The company operates in two segments, Pharmaceutical and Medical. Cardinal Health has a market cap of $14.3 billion and is part of the wholesale industry. The company has a P/E ratio of 12.7, below the S&P 500 P/E ratio of 17.7. Shares are up 2.1% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Cardinal Health a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Cardinal Health as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Cardinal Health Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

3. As of noon trading, Gap ( GPS) is up $0.52 (1.5%) to $36.26 on light volume Thus far, 1.7 million shares of Gap exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $35.75-$36.41 after having opened the day at $35.86 as compared to the previous trading day's close of $35.74.

The Gap, Inc. operates as a specialty retailer. The company offers apparel, accessories, and personal care products for men, women, children, and babies under the Gap, Old Navy, Banana Republic, Piperlime, and Athleta brand names. Gap has a market cap of $16.4 billion and is part of the retail industry. The company has a P/E ratio of 15.1, below the S&P 500 P/E ratio of 17.7. Shares are up 15.1% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Gap a buy, 3 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Gap as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth 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 Gap Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

2. As of noon trading, Macy's ( M) is up $0.34 (0.8%) to $42.37 on average volume Thus far, 2.0 million shares of Macy's exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $41.74-$42.43 after having opened the day at $42.01 as compared to the previous trading day's close of $42.03.

Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Its retail stores and Internet Web sites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. Macy's has a market cap of $16.5 billion and is part of the retail industry. The company has a P/E ratio of 12.0, below the S&P 500 P/E ratio of 17.7. Shares are up 7.7% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Macy's a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Macy's as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, notable return on equity, attractive valuation levels and expanding profit margins. 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 Macy's Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

1. As of noon trading, Time Warner ( TWX) is up $0.54 (1.0%) to $58.12 on heavy volume Thus far, 5.7 million shares of Time Warner exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $57.77-$58.51 after having opened the day at $57.78 as compared to the previous trading day's close of $57.58.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. The company operates in three segments: Networks, Film and TV Entertainment, and Publishing. Time Warner has a market cap of $53.9 billion and is part of the media industry. The company has a P/E ratio of 18.6, above the S&P 500 P/E ratio of 17.7. Shares are up 20.4% year to date as of the close of trading on Tuesday. Currently there are 17 analysts that rate Time Warner a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Time Warner 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, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Time Warner Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

If you are interested in one of these 5 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.

null

More from Markets

Asia Markets Fall on Latest Tariff Threats From Trump

Asia Markets Fall on Latest Tariff Threats From Trump

Google Invests in JD.com; Comcast-Disney Battle Nears Head -- ICYMI

Google Invests in JD.com; Comcast-Disney Battle Nears Head -- ICYMI

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Dow Drops Over 100 Points on Trade War Worries

Dow Drops Over 100 Points on Trade War Worries