5 Services Stocks Driving The Sector Higher

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 18 points (0.1%) at 15,482 as of Monday, July 15, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,893 issues advancing vs. 1,042 declining with 108 unchanged.

The Services sector currently sits up 0.4% versus the S&P 500, which is up 0.1%. Top gainers within the sector include DISH Network ( DISH), up 4.0%, Tiffany ( TIF), up 3.6%, MGM Resorts International ( MGM), up 3.1%, CH Robinson Worldwide ( CHRW), up 2.7% and Companhia Brasileira De Distribuicao ( CBD), up 2.2%. On the negative front, top decliners within the sector include Michael Kors Holdings ( KORS), down 2.2%, Hertz Global Holdings ( HTZ), down 1.5%, SBA Communications ( SBAC), down 1.1%, Amazon.com ( AMZN), down 0.8% and Ryanair Holdings ( RYAAY), down 0.8%.

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

5. Wynn Resorts ( WYNN) is one of the companies pushing the Services sector higher today. As of noon trading, Wynn Resorts is up $1.82 (1.4%) to $132.60 on light volume. Thus far, 507,112 shares of Wynn Resorts exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $130.56-$132.83 after having opened the day at $130.78 as compared to the previous trading day's close of $130.78.

Wynn Resorts, Limited, together with its subsidiaries, engages in the development, ownership, and operation of destination casino resorts. Wynn Resorts has a market cap of $13.3 billion and is part of the leisure industry. Shares are up 17.0% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate Wynn Resorts a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Wynn Resorts as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, 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 Wynn Resorts Ratings Report now.

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