5 Stocks Boosting The Services Sector Higher

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 19 points (-0.1%) at 15,282 as of Wednesday, July 10, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,222 issues advancing vs. 1,685 declining with 126 unchanged.

The Services sector currently is unchanged today versus the S&P 500, which is down 0.1%. Top gainers within the sector include Family Dollar Stores ( FDO), up 6.2%, Ctrip.com International ( CTRP), up 6.3%, Golar LNG ( GLNG), up 4.5%, Alaska Air Group ( ALK), up 2.7% and Melco Crown Entertainment ( MPEL), up 2.3%. On the negative front, top decliners within the sector include Pandora Media ( P), down 6.3%, Portfolio Recovery Associates ( PRAA), down 5.0%, Grupo Televisa S.A.B ( TV), down 3.0%, Netflix ( NFLX), down 2.5% and News Corporation ( NWS), down 2.4%.

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

5. Kroger ( KR) is one of the companies pushing the Services sector higher today. As of noon trading, Kroger is up $0.37 (1.0%) to $37.52 on average volume. Thus far, 1.8 million shares of Kroger exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $37.29-$37.63 after having opened the day at $37.29 as compared to the previous trading day's close of $37.15.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. The company also manufactures and processes food for sale in its supermarkets. It operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Kroger has a market cap of $18.8 billion and is part of the retail industry. Shares are up 39.1% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Kroger a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Kroger 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, increase in net income, revenue growth and notable return on equity. 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 Kroger Ratings Report now.

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4. As of noon trading, Dollar General Corporation ( DG) is up $2.21 (4.3%) to $54.01 on heavy volume. Thus far, 3.6 million shares of Dollar General Corporation exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $52.83-$54.23 after having opened the day at $52.92 as compared to the previous trading day's close of $51.80.

Dollar General Corporation, a discount retailer, engages in the provision of various merchandise products in the United States. Dollar General Corporation has a market cap of $17.1 billion and is part of the retail industry. Shares are up 18.2% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Dollar General Corporation a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Dollar General Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Dollar General Corporation 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, TJX Companies ( TJX) is up $0.35 (0.7%) to $51.61 on average volume. Thus far, 2.1 million shares of TJX Companies exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $51.16-$51.63 after having opened the day at $51.18 as compared to the previous trading day's close of $51.26.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. The company operates in four segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe. TJX Companies has a market cap of $37.0 billion and is part of the retail industry. Shares are up 20.8% year to date as of the close of trading on Tuesday. Currently there are 14 analysts that rate TJX Companies a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates TJX Companies as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full TJX 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, Carnival Corporation ( CCL) is up $0.20 (0.6%) to $35.36 on light volume. Thus far, 875,086 shares of Carnival Corporation exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $35.18-$35.39 after having opened the day at $35.26 as compared to the previous trading day's close of $35.16.

Carnival Corporation operates as a cruise and vacation company worldwide. The company operates in two segments, North America; and Europe, Australia, and Asia. Carnival Corporation has a market cap of $20.8 billion and is part of the leisure industry. Shares are down 4.4% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Carnival Corporation a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Carnival Corporation as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins and feeble growth in the company's earnings per share. Get the full Carnival Corporation 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, Walgreen Company ( WAG) is up $1.39 (3.0%) to $47.84 on heavy volume. Thus far, 7.2 million shares of Walgreen Company exchanged hands as compared to its average daily volume of 5.9 million shares. The stock has ranged in price between $46.06-$47.87 after having opened the day at $46.39 as compared to the previous trading day's close of $46.45.

Walgreen Co., together with its subsidiaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, as well as through mail, and by telephone and online. Walgreen Company has a market cap of $42.8 billion and is part of the retail industry. Shares are up 25.5% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Walgreen Company a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Walgreen Company 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, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Walgreen Company 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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