5 Stocks Boosting The Services 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 68 points (0.4%) at 15,371 as of Thursday, May 30, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,814 issues advancing vs. 1,135 declining with 104 unchanged.

The Services sector currently sits up 0.4% versus the S&P 500, which is up 0.5%. Top gainers within the sector include Liberty Media Corporation ( LMCA), up 14.2%, Express ( EXPR), up 10.6%, Magna International ( MGA), up 2.9%, Michael Kors Holdings ( KORS), up 2.8% and Royal Caribbean Cruises ( RCL), up 2.4%. On the negative front, top decliners within the sector include Big Lots ( BIG), down 8.71, AutoNation ( AN), down 2.51, Cencosud ( CNCO), down 1.76 and McDonald's Corporation ( MCD), down 0.75.

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

5. Time Warner Cable ( TWC) is one of the companies pushing the Services sector higher today. As of noon trading, Time Warner Cable is up $0.89 (0.93) to $96.91 on light volume Thus far, 709,932 shares of Time Warner Cable exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $96.11-$97.05 after having opened the day at $96.11 as compared to the previous trading day's close of $96.02.

Time Warner Cable Inc., together with its subsidiaries, offers video, high-speed data, and voice services to residential and business service customers over its broadband cable systems in the United States. Time Warner Cable has a market cap of $28.0 billion and is part of the media industry. The company has a P/E ratio of 13.7, below the S&P 500 P/E ratio of 17.7. Shares are down 1.2% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Time Warner Cable a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Time Warner Cable as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, solid stock price performance and good cash flow from operations. 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 Time Warner Cable Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, Best Buy ( BBY) is up $1.02 (3.77) to $28.06 on average volume Thus far, 5.5 million shares of Best Buy exchanged hands as compared to its average daily volume of 11.1 million shares. The stock has ranged in price between $27.15-$28.17 after having opened the day at $27.25 as compared to the previous trading day's close of $27.04.

Best Buy Co., Inc. operates as a retailer of consumer electronics, computing and mobile phone products, entertainment products, appliances, and related services primarily in the United States, Europe, Canada, and China. Best Buy has a market cap of $9.1 billion and is part of the retail industry. The company has a P/E ratio of 8.5, below the S&P 500 P/E ratio of 17.7. Shares are up 125.6% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Best Buy a buy, 2 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Best Buy 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 Best Buy Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Target ( TGT) is up $1.00 (1.44) to $70.42 on average volume Thus far, 2.1 million shares of Target exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $69.44-$70.55 after having opened the day at $69.48 as compared to the previous trading day's close of $69.42.

Target Corporation operates general merchandise stores in the United States. Target has a market cap of $44.6 billion and is part of the retail industry. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7. Shares are up 17.5% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Target a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Target as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Target Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Las Vegas Sands ( LVS) is up $0.31 (0.53) to $58.98 on light volume Thus far, 1.8 million shares of Las Vegas Sands exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $58.63-$59.44 after having opened the day at $58.77 as compared to the previous trading day's close of $58.67.

Las Vegas Sands Corp. develops, owns, and operates integrated resorts in Asia and the United States. Las Vegas Sands has a market cap of $48.5 billion and is part of the leisure industry. The company has a P/E ratio of 30.4, above the S&P 500 P/E ratio of 17.7. Shares are up 27.3% year to date as of the close of trading on Wednesday. Currently there are 16 analysts that rate Las Vegas Sands a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Las Vegas Sands as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and notable return on equity. 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 Las Vegas Sands Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, CBS Corporation ( CBS) is up $0.47 (0.93) to $50.92 on light volume Thus far, 2.1 million shares of CBS Corporation exchanged hands as compared to its average daily volume of 6.4 million shares. The stock has ranged in price between $50.50-$51.27 after having opened the day at $50.56 as compared to the previous trading day's close of $50.45.

CBS Corporation, together with its subsidiaries, operates as a mass media company in the United States and internationally. CBS Corporation has a market cap of $29.3 billion and is part of the media industry. The company has a P/E ratio of 19.6, above the S&P 500 P/E ratio of 17.7. Shares are up 34.8% year to date as of the close of trading on Wednesday. Currently there are 18 analysts that rate CBS Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates CBS Corporation 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, notable return on equity, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full CBS Corporation Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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.

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