5 Stocks Driving 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 65 points (-0.4%) at 15,111 as of Friday, June 14, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 2,604 issues advancing vs. 474 declining with 57 unchanged.

The Services sector currently sits down 0.39 versus the S&P 500, which is down 0.25. Top gainers within the sector include Charter Communications ( CHTR), up 4.1%, Grupo Aeroportuario del Sureste S.A.B. de ( ASR), up 3.8%, GameStop ( GME), up 3.8%, Cinemark Holdings ( CNK), up 2.4% and Panera Bread Company ( PNRA), up 2.4%. On the negative front, top decliners within the sector include Myriad Genetics ( MYGN), down 8.54, Gannett ( GCI), down 7.48, Casey's General Stores ( CASY), down 3.68, Fidelity National Information Services ( FIS), down 2.01 and Urban Outfitters ( URBN), down 1.59.

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

5. AutoZone ( AZO) is one of the companies pushing the Services sector higher today. As of noon trading, AutoZone is up $2.58 (0.62) to $422.08 on light volume Thus far, 59,457 shares of AutoZone exchanged hands as compared to its average daily volume of 268,300 shares. The stock has ranged in price between $418.72-$424.40 after having opened the day at $419.46 as compared to the previous trading day's close of $419.50.

AutoZone, Inc. engages in retailing and distributing automotive replacement parts and accessories. AutoZone has a market cap of $15.0 billion and is part of the retail industry. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are up 18.4% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate AutoZone a buy, 1 analyst rates it a sell, and 8 rate it a hold.

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, increase in net income and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full AutoZone 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, DISH Network ( DISH) is up $0.99 (2.57) to $39.46 on light volume Thus far, 777,267 shares of DISH Network exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $38.36-$39.62 after having opened the day at $38.36 as compared to the previous trading day's close of $38.47.

DISH Network Corporation, together with its subsidiaries, offers direct broadcast satellite subscription television services in the United States. DISH Network has a market cap of $8.2 billion and is part of the media industry. The company has a P/E ratio of 34.9, above the S&P 500 P/E ratio of 17.7. Shares are up 3.6% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate DISH Network a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates DISH Network as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, solid stock price performance 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 DISH Network 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, Sirius XM Radio ( SIRI) is up $0.04 (1.06) to $3.32 on average volume Thus far, 19.4 million shares of Sirius XM Radio exchanged hands as compared to its average daily volume of 49.1 million shares. The stock has ranged in price between $3.30-$3.35 after having opened the day at $3.30 as compared to the previous trading day's close of $3.29.

Sirius XM Radio Inc. provides satellite radio services in the United States and Canada. The company broadcasts music, sports, entertainment, comedy, talk, news, traffic, and weather channels on subscription fee basis through two satellite radio systems. Sirius XM Radio has a market cap of $20.7 billion and is part of the media industry. The company has a P/E ratio of 5.9, below the S&P 500 P/E ratio of 17.7. Shares are up 13.8% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Sirius XM Radio a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Sirius XM Radio as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, 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 Sirius XM Radio 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, Time Warner Cable ( TWC) is up $4.08 (4.24) to $100.23 on heavy volume Thus far, 2.7 million shares of Time Warner Cable exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $95.80-$100.51 after having opened the day at $95.85 as compared to the previous trading day's close of $96.15.

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 $27.3 billion and is part of the media industry. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 17.7. Shares are down 1.1% year to date as of the close of trading on Thursday. Currently there are 14 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.

1. As of noon trading, Directv ( DTV) is up $0.66 (1.08) to $61.82 on light volume Thus far, 886,606 shares of Directv exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $60.91-$61.83 after having opened the day at $60.95 as compared to the previous trading day's close of $61.16.

DIRECTV provides digital television entertainment in the United States and Latin America. The company engages in acquiring, promoting, selling, and distributing digital entertainment programming primarily through satellite to residential and commercial subscribers. Directv has a market cap of $33.6 billion and is part of the media industry. The company has a P/E ratio of 12.8, below the S&P 500 P/E ratio of 17.7. Shares are up 21.9% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate Directv a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Directv as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share 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 Directv 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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