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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