3 Stocks Boosting The Diversified Services 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 62 points (-0.4%) at 15,060 as of Wednesday, June 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 760 issues advancing vs. 2,254 declining with 88 unchanged.

The Diversified Services industry currently sits down 0.47 versus the S&P 500, which is down 0.61. On the negative front, top decliners within the industry include Avis Budget Group ( CAR), down 2.39, Fidelity National Information Services ( FIS), down 0.99 and Verisk Analytics ( VRSK), down 0.98.

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

3. Qiagen ( QGEN) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, Qiagen is up $0.68 (3.67) to $19.19 on average volume Thus far, 470,691 shares of Qiagen exchanged hands as compared to its average daily volume of 729,400 shares. The stock has ranged in price between $19.12-$19.38 after having opened the day at $19.23 as compared to the previous trading day's close of $18.51.

QIAGEN N.V., through its subsidiaries, provides sample and assay technologies worldwide. Qiagen has a market cap of $4.4 billion and is part of the services sector. The company has a P/E ratio of 34.5, above the S&P 500 P/E ratio of 17.7. Shares are up 2.7% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Qiagen a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Qiagen as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins 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 Qiagen Ratings Report now.

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2. As of noon trading, Alliance Data Systems Corporation ( ADS) is up $2.54 (1.43) to $179.96 on heavy volume Thus far, 415,701 shares of Alliance Data Systems Corporation exchanged hands as compared to its average daily volume of 546,900 shares. The stock has ranged in price between $177.70-$180.69 after having opened the day at $177.83 as compared to the previous trading day's close of $177.42.

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 $8.7 billion and is part of the services sector. The company has a P/E ratio of 26.6, above the S&P 500 P/E ratio of 17.7. Shares are up 22.6% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Alliance Data Systems Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

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, increase in net income, good cash flow from operations, growth in earnings per share and expanding profit margins. 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.

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, Ulta Salon Cosmetics & Fragrances ( ULTA) is up $14.59 (17.34) to $98.72 on heavy volume Thus far, 5.2 million shares of Ulta Salon Cosmetics & Fragrances exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $95.10-$98.88 after having opened the day at $95.36 as compared to the previous trading day's close of $84.13.

Ulta Salon, Cosmetics & Fragrance, Inc. operates specialty retail stores in the United States. Its stores offer cosmetics, fragrance, haircare, and skincare products, as well as related accessories and services. Ulta Salon Cosmetics & Fragrances has a market cap of $5.5 billion and is part of the services sector. The company has a P/E ratio of 32.3, above the S&P 500 P/E ratio of 17.7. Shares are down 14.4% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Ulta Salon Cosmetics & Fragrances a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Ulta Salon Cosmetics & Fragrances as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Ulta Salon Cosmetics & Fragrances 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 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.

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