5 Stocks Raising 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 20 points (-0.1%) at 15,298 as of Wednesday, June 19, 2013, 12:50 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 0.45 versus the S&P 500, which is down 0.17. Top gainers within the sector include Vantiv ( VNTV), up 2.9%, DISH Network ( DISH), up 2.8%, Delhaize Group ( DEG), up 2.3%, Mercadolibre ( MELI), up 2.3% and Netflix ( NFLX), up 2.6%. On the negative front, top decliners within the sector include Tetra Tech ( TTEK), down 13.17, Gannett ( GCI), down 4.29, Louisiana-Pacific ( LPX), down 3.45, Arrow Electronics ( ARW), down 2.07 and Directv ( DTV), down 1.05.

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

5. Charter Communications ( CHTR) is one of the companies pushing the Services sector higher today. As of noon trading, Charter Communications is up $0.86 (0.73) to $118.81 on light volume Thus far, 126,553 shares of Charter Communications exchanged hands as compared to its average daily volume of 822,500 shares. The stock has ranged in price between $117.64-$118.96 after having opened the day at $118.12 as compared to the previous trading day's close of $117.95.

Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States. Charter Communications has a market cap of $11.9 billion and is part of the media industry. Shares are up 54.7% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Charter Communications a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Charter Communications as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and poor profit margins. Get the full Charter Communications Ratings Report now.

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