5 Stocks Moving The Services Sector Upward

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 31 points (0.2%) at 15,006 as of Tuesday, July 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,611 issues advancing vs. 1,325 declining with 103 unchanged.

The Services sector currently sits up 0.4% versus the S&P 500, which is up 0.4%. Top gainers within the sector include Destination XL Group ( DXLG), up 74.1%, Genuine Parts Company ( GPC), up 4.0%, Kroger ( KR), up 3.9%, Charter Communications Inc Class A ( CHTR), up 2.3% and Kohl's ( KSS), up 2.3%. On the negative front, top decliners within the sector include Melco Crown Entertainment ( MPEL), down 3.1%, Companhia Brasileira De Distribuicao ( CBD), down 2.6%, Southwest Airlines ( LUV), down 1.8%, Shaw Communications ( SJR), down 1.5% and Luxottica Group ( LUX), down 1.2%.

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

5. Target ( TGT) is one of the companies pushing the Services sector higher today. As of noon trading, Target is up $0.76 (1.1%) to $70.09 on light volume. Thus far, 1.2 million shares of Target exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $69.32-$70.36 after having opened the day at $69.38 as compared to the previous trading day's close of $69.33.

Target Corporation operates general merchandise stores in the United States. Target has a market cap of $44.2 billion and is part of the retail industry. The company has a P/E ratio of 16.2, below the S&P 500 P/E ratio of 17.7. Shares are up 16.4% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Target a buy, no analysts rate it a sell, and 8 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, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and notable return on equity. 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.

4. As of noon trading, Time Warner ( TWX) is up $1.20 (2.1%) to $59.50 on average volume. Thus far, 3.2 million shares of Time Warner exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $58.16-$59.72 after having opened the day at $58.25 as compared to the previous trading day's close of $58.30.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. The company operates in three segments: Networks, Film and TV Entertainment, and Publishing. Time Warner has a market cap of $53.9 billion and is part of the media industry. The company has a P/E ratio of 17.8, equal to the S&P 500 P/E ratio of 17.7. Shares are up 20.9% year to date as of the close of trading on Monday. Currently there are 18 analysts that rate Time Warner a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Time Warner 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, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Time Warner 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, Lowe's Companies ( LOW) is up $1.42 (3.5%) to $42.48 on average volume. Thus far, 6.0 million shares of Lowe's Companies exchanged hands as compared to its average daily volume of 8.4 million shares. The stock has ranged in price between $41.34-$42.84 after having opened the day at $41.44 as compared to the previous trading day's close of $41.06.

Lowe's Companies, Inc. operates as a home improvement retailer. It offers products for maintenance, repair, remodeling, and home decorating. Lowe's Companies has a market cap of $43.9 billion and is part of the retail industry. The company has a P/E ratio of 23.5, above the S&P 500 P/E ratio of 17.7. Shares are up 15.1% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Lowe's Companies a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Lowe's Companies as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, solid stock price performance, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Lowe's Companies 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, eBay ( EBAY) is up $0.50 (0.9%) to $53.41 on light volume. Thus far, 3.6 million shares of eBay exchanged hands as compared to its average daily volume of 10.3 million shares. The stock has ranged in price between $52.94-$53.63 after having opened the day at $53.02 as compared to the previous trading day's close of $52.90.

eBay Inc. provides online platforms, tools, and services to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. eBay has a market cap of $67.1 billion and is part of the retail industry. The company has a P/E ratio of 25.3, above the S&P 500 P/E ratio of 17.7. Shares are up 3.7% year to date as of the close of trading on Monday. Currently there are 23 analysts that rate eBay a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates eBay as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full eBay 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, Home Depot ( HD) is up $0.82 (1.1%) to $77.69 on average volume. Thus far, 3.0 million shares of Home Depot exchanged hands as compared to its average daily volume of 7.7 million shares. The stock has ranged in price between $77.13-$78.12 after having opened the day at $77.29 as compared to the previous trading day's close of $76.87.

The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $113.2 billion and is part of the retail industry. The company has a P/E ratio of 24.2, above the S&P 500 P/E ratio of 17.7. Shares are up 25.3% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Home Depot a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Home Depot 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, notable return on equity, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Home Depot 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).

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