5 Services Stocks Moving The Sector Upward

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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 23 points (-0.2%) at 15,060 as of Friday, May 10, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,550 issues advancing vs. 1,371 declining with 121 unchanged.

The Services sector currently sits up 0.5% versus the S&P 500, which is unchanged. Top gainers within the sector include Liberty Media Corporation ( LMCA), up 10.4%, Advisory Board Company ( ABCO), up 9.8%, Gap ( GPS), up 5.1%, Expedia ( EXPE), up 3.9% and Sears Holdings Corporation ( SHLD), up 3.7%. On the negative front, top decliners within the sector include L Brands ( LTD), down 1.88, Best Buy ( BBY), down 1.56, Western Union Company ( WU), down 1.09 and Carnival Corporation ( CCL), down 0.58.

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

5. Macy's ( M) is one of the companies pushing the Services sector higher today. As of noon trading, Macy's is up $0.59 (1.27) to $47.04 on light volume Thus far, 1.3 million shares of Macy's exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $46.58-$47.18 after having opened the day at $46.62 as compared to the previous trading day's close of $46.45.

Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Macy's has a market cap of $18.3 billion and is part of the retail industry. The company has a P/E ratio of 14.4, below the S&P 500 P/E ratio of 17.7. Shares are up 19.0% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Macy's a buy, no analysts rate it a sell, and 6 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, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Macy's Ratings Report now.

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