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.

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