Services Stocks On The Rise With Help From 3 Stocks

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 176 points (-1.2%) at 15,002 as of Wednesday, June 5, 2013, 1:05 PM ET. The NYSE advances/declines ratio sits at 561 issues advancing vs. 2,413 declining with 95 unchanged.

The Services sector currently sits down 1.14 versus the S&P 500, which is down 1.28. A company within the sector that increased today was Walgreen Company ( WAG), up 1.77. On the negative front, top decliners within the sector include Hertz Global Holdings ( HTZ), down 4.04, MGM Resorts International ( MGM), down 3.60, Grupo Televisa S.A.B ( TV), down 3.52, Canadian Pacific Railway ( CP), down 3.50 and Discovery Communications ( DISCA), down 2.71.

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

3. Liberty Media Corporation ( LMCA) is one of the companies pushing the Services sector higher today. As of noon trading, Liberty Media Corporation is up $13.26 (12.07) to $123.09 on heavy volume Thus far, 508,544 shares of Liberty Media Corporation exchanged hands as compared to its average daily volume of 488,600 shares. The stock has ranged in price between $122.92-$125.54 after having opened the day at $124.91 as compared to the previous trading day's close of $109.83.

Liberty Media Corporation, through its subsidiaries, engages in media, communications, and entertainment businesses primarily in North America. Liberty Media Corporation has a market cap of $13.8 billion and is part of the media industry. The company has a P/E ratio of 1.6, below the S&P 500 P/E ratio of 17.7. Shares are up 7.8% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Liberty Media Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Liberty Media Corporation as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Liberty Media 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.

2. As of noon trading, Bed Bath & Beyond ( BBBY) is up $1.41 (2.11) to $68.39 on heavy volume Thus far, 2.0 million shares of Bed Bath & Beyond exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $67.67-$69.13 after having opened the day at $67.80 as compared to the previous trading day's close of $66.98.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. Bed Bath & Beyond has a market cap of $14.9 billion and is part of the retail industry. The company has a P/E ratio of 15.0, below the S&P 500 P/E ratio of 17.7. Shares are up 22.3% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Bed Bath & Beyond a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Bed Bath & Beyond as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, notable return on equity, increase in net income 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 Bed Bath & Beyond 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, Dollar General Corporation ( DG) is up $2.21 (4.54) to $50.85 on heavy volume Thus far, 4.9 million shares of Dollar General Corporation exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $49.22-$51.20 after having opened the day at $49.35 as compared to the previous trading day's close of $48.64.

Dollar General Corporation, a discount retailer, engages in the provision of various merchandise products in the United States. Dollar General Corporation has a market cap of $17.5 billion and is part of the retail industry. The company has a P/E ratio of 18.8, above the S&P 500 P/E ratio of 17.7. Shares are up 10.3% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Dollar General Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Dollar General Corporation as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, 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 Dollar General 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 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.

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