5 Diversified Services Stocks Pushing The 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 52 points (-0.4%) at 14,567 as of Thursday, April 18, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,288 issues advancing vs. 1,600 declining with 135 unchanged.

The Diversified Services industry currently sits down 0.16 versus the S&P 500, which is down 0.48. On the negative front, top decliners within the industry include Air Lease ( AL), down 2.94, and Maximus ( MMS), down 2.71.

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

5. Corrections Corporation of America ( CXW) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, Corrections Corporation of America is up $0.38 (1.14) to $33.82 on average volume Thus far, 990,299 shares of Corrections Corporation of America exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $33.51-$34.08 after having opened the day at $33.62 as compared to the previous trading day's close of $33.44.

Corrections Corporation of America, together with its subsidiaries, owns and operates privatized correctional and detention facilities in the United States. Corrections Corporation of America has a market cap of $4.1 billion and is part of the services sector. The company has a P/E ratio of 26.1, above the S&P 500 P/E ratio of 17.7. Shares are down 5.7% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Corrections Corporation of America 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 and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Corrections Corporation of America 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, Alliance Data Systems Corporation ( ADS) is up $2.16 (1.37) to $159.26 on heavy volume Thus far, 555,429 shares of Alliance Data Systems Corporation exchanged hands as compared to its average daily volume of 451,200 shares. The stock has ranged in price between $158.25-$161.50 after having opened the day at $158.30 as compared to the previous trading day's close of $157.10.

Alliance Data Systems Corporation provides marketing and loyalty solutions primarily in North America. The company operates in three segments: LoyaltyOne, Epsilon, and Private Label Services and Credit. Alliance Data Systems Corporation has a market cap of $7.9 billion and is part of the services sector. The company has a P/E ratio of 24.0, above the S&P 500 P/E ratio of 17.7. Shares are up 8.5% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Alliance Data Systems Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, compelling growth in net income, good cash flow from operations and solid stock price performance. 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 Alliance Data Systems Corporation 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, H&R Block ( HRB) is up $0.24 (0.88) to $26.94 on light volume Thus far, 1.6 million shares of H&R Block exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $26.58-$27.17 after having opened the day at $26.74 as compared to the previous trading day's close of $26.70.

H&R Block, Inc., through its subsidiaries, engages in the provision of tax preparation and related services to the general public in the United States, Canada, and Australia. H&R Block has a market cap of $7.5 billion and is part of the services sector. The company has a P/E ratio of 23.8, above the S&P 500 P/E ratio of 17.7. Shares are up 43.8% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates H&R Block as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and premium valuation. Get the full H&R Block 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, SBA Communications ( SBAC) is up $0.88 (1.17) to $75.84 on light volume Thus far, 694,182 shares of SBA Communications exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $74.54-$76.14 after having opened the day at $75.19 as compared to the previous trading day's close of $74.96.

SBA Communications Corporation owns and operates wireless communications towers in the United States, Canada, Costa Rica, El Salvador, Guatemala, Nicaragua, Panama, and Brazil. SBA Communications has a market cap of $9.6 billion and is part of the services sector. Shares are up 6.7% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates SBA Communications as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and feeble growth in the company's earnings per share. Get the full SBA Communications 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, Hertz Global Holdings ( HTZ) is up $0.19 (0.83) to $23.13 on average volume Thus far, 4.1 million shares of Hertz Global Holdings exchanged hands as compared to its average daily volume of 7.1 million shares. The stock has ranged in price between $22.67-$23.32 after having opened the day at $22.98 as compared to the previous trading day's close of $22.94.

Hertz Global Holdings, Inc., through its subsidiaries, engages in the car and equipment rental businesses worldwide. The company operates in two segments, Car Rental and Equipment Rental. Hertz Global Holdings has a market cap of $9.3 billion and is part of the services sector. The company has a P/E ratio of 43.1, above the S&P 500 P/E ratio of 17.7. Shares are up 41.0% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Hertz Global Holdings 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, good cash flow from operations 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 Hertz Global Holdings 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 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.

null

More from Markets

Canopy Growth Lets Down Eager Pot Investors; PayPal Keeps Dominating -- ICYMI

Canopy Growth Lets Down Eager Pot Investors; PayPal Keeps Dominating -- ICYMI

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers