Today's Stocks Driving Success For The Services Sector

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 6 points (0.0%) at 14,695 as of Friday, April 26, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 953 issues advancing vs. 1,941 declining with 134 unchanged.

The Services sector currently sits down 0.47 versus the S&P 500, which is down 0.43. A company within the sector that increased today was Time Warner Cable ( TWC), up 1.07. On the negative front, top decliners within the sector include Priceline.com ( PCLN), down 2.13, Las Vegas Sands ( LVS), down 1.84, Starbucks Corporation ( SBUX), down 1.36 and Visa ( V), down 0.68.

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

3. AutoZone ( AZO) is one of the companies pushing the Services sector higher today. As of noon trading, AutoZone is up $8.43 (2.12) to $406.69 on average volume Thus far, 177,148 shares of AutoZone exchanged hands as compared to its average daily volume of 407,200 shares. The stock has ranged in price between $398.14-$407.75 after having opened the day at $398.81 as compared to the previous trading day's close of $398.26.

AutoZone, Inc. engages in retailing and distributing automotive replacement parts and accessories. AutoZone has a market cap of $13.9 billion and is part of the retail industry. The company has a P/E ratio of 15.5, below the S&P 500 P/E ratio of 17.7. Shares are up 12.4% year to date as of the close of trading on Thursday.

TheStreet Ratings rates AutoZone as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, expanding profit margins, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full AutoZone 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, J.C. Penney ( JCP) is up $1.46 (9.58) to $16.70 on heavy volume Thus far, 20.9 million shares of J.C. Penney exchanged hands as compared to its average daily volume of 17.7 million shares. The stock has ranged in price between $15.86-$16.75 after having opened the day at $16.15 as compared to the previous trading day's close of $15.24.

J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., operates department stores. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings. J.C. Penney has a market cap of $3.3 billion and is part of the retail industry. Shares are down 22.7% year to date as of the close of trading on Thursday.

TheStreet Ratings rates J.C. Penney as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally high debt management risk. Get the full J.C. Penney 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, Comcast ( CMCSA) is up $0.31 (0.76) to $41.06 on light volume Thus far, 5.1 million shares of Comcast exchanged hands as compared to its average daily volume of 14.3 million shares. The stock has ranged in price between $40.64-$41.10 after having opened the day at $40.80 as compared to the previous trading day's close of $40.75.

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. Comcast has a market cap of $86.4 billion and is part of the media industry. The company has a P/E ratio of 17.8, above the S&P 500 P/E ratio of 17.7. Shares are up 8.9% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Comcast 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, revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Comcast 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 3 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

Boeing Is Back to Cruising Altitude; GM Gets Assist From Amazon -- ICYMI

Boeing Is Back to Cruising Altitude; GM Gets Assist From Amazon -- ICYMI

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Aceto's Search for Deal May Be Slowed by DOJ Subpoena

Aceto's Search for Deal May Be Slowed by DOJ Subpoena

Dow and S&P 500 Finish Higher Amid Strong Corporate Earnings

Dow and S&P 500 Finish Higher Amid Strong Corporate Earnings

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk