5 Services Stocks Pushing Sector Growth

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 76 points (0.5%) at 15,300 as of Tuesday, July 9, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,101 issues advancing vs. 849 declining with 106 unchanged.

The Services sector currently sits up 0.7% versus the S&P 500, which is up 1.2%. Top gainers within the sector include Alaska Air Group ( ALK), up 9.2%, FedEx Corporation ( FDX), up 7.2%, Grupo Televisa S.A.B ( TV), up 5.1%, Expeditors International of Washington ( EXPD), up 3.1% and CSX ( CSX), up 3.0%. On the negative front, top decliners within the sector include Melco Crown Entertainment ( MPEL), down 2.0%, Ryanair Holdings ( RYAAY), down 1.1%, Cencosud ( CNCO), down 1.6% and Twenty-First Century Fox ( FOXA), down 0.7%.

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

5. Time Warner Cable ( TWC) is one of the companies pushing the Services sector higher today. As of noon trading, Time Warner Cable is up $2.89 (2.6%) to $114.87 on average volume. Thus far, 2.0 million shares of Time Warner Cable exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $112.61-$114.87 after having opened the day at $112.72 as compared to the previous trading day's close of $111.98.

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 $32.7 billion and is part of the media industry. Shares are up 15.2% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Time Warner Cable a buy, no analysts rate it a sell, and 10 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.

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4. As of noon trading, CVS Caremark ( CVS) is up $0.55 (0.9%) to $60.08 on average volume. Thus far, 2.0 million shares of CVS Caremark exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $59.66-$60.37 after having opened the day at $59.79 as compared to the previous trading day's close of $59.53.

CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. CVS Caremark has a market cap of $71.8 billion and is part of the retail industry. Shares are up 23.1% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate CVS Caremark a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates CVS Caremark 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, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full CVS Caremark 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, Target ( TGT) is up $0.70 (1.0%) to $71.88 on average volume. Thus far, 1.7 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 $71.22-$71.90 after having opened the day at $71.22 as compared to the previous trading day's close of $71.18.

Target Corporation operates general merchandise stores in the United States. Target has a market cap of $45.1 billion and is part of the retail industry. Shares are up 20.3% 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, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. 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.

2. As of noon trading, eBay ( EBAY) is up $0.69 (1.3%) to $54.40 on light volume. Thus far, 3.4 million shares of eBay exchanged hands as compared to its average daily volume of 10.0 million shares. The stock has ranged in price between $54.02-$54.48 after having opened the day at $54.12 as compared to the previous trading day's close of $53.71.

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 $69.9 billion and is part of the retail industry. Shares are up 5.3% 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, Netflix ( NFLX) is up $12.10 (5.2%) to $245.20 on heavy volume. Thus far, 3.1 million shares of Netflix exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $234.87-$245.38 after having opened the day at $235.04 as compared to the previous trading day's close of $233.10.

Netflix, Inc. provides Internet television network service that enables subscribers to stream TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally. Netflix has a market cap of $12.6 billion and is part of the specialty retail industry. Shares are up 151.8% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Netflix a buy, 5 analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Netflix as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and generally higher debt management risk. Get the full Netflix 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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