4 Stocks Pushing The Services Sector Higher

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 90 points (-0.6%) at 15,522 as of Tuesday, Aug. 6, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 580 issues advancing vs. 2,389 declining with 97 unchanged.

The Services sector currently sits down 0.9% versus the S&P 500, which is down 0.6%. Top gainers within the sector include Expeditors International of Washington ( EXPD), up 2.8%, MGM Resorts International ( MGM), up 2.8%, Luxottica Group ( LUX), up 1.8%, Moody's Corporation ( MCO), up 1.7% and MasterCard Incorporated ( MA), up 1.3%. On the negative front, top decliners within the sector include American Eagle Outfitters ( AEO), down 15.4%, AECOM Technology Corporation ( ACM), down 13.7%, Tidewater ( TDW), down 9.5%, Foot Locker ( FL), down 6.6% and United Continental Holdings ( UAL), down 3.4%.

TheStreet would like to highlight 4 stocks pushing the sector higher today:

4. InterContinental Hotels Group ( IHG) is one of the companies pushing the Services sector higher today. As of noon trading, InterContinental Hotels Group is up $1.80 (6.2%) to $31.09 on heavy volume. Thus far, 232,036 shares of InterContinental Hotels Group exchanged hands as compared to its average daily volume of 160,000 shares. The stock has ranged in price between $30.51-$31.41 after having opened the day at $30.55 as compared to the previous trading day's close of $29.29.

InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels and resorts worldwide. InterContinental Hotels Group has a market cap of $7.7 billion and is part of the leisure industry. Shares are up 5.3% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates InterContinental Hotels Group a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates InterContinental Hotels Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full InterContinental Hotels Group Ratings Report now.

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3. As of noon trading, Michael Kors Holdings ( KORS) is up $2.42 (3.6%) to $70.30 on heavy volume. Thus far, 10.5 million shares of Michael Kors Holdings exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $67.85-$71.50 after having opened the day at $70.77 as compared to the previous trading day's close of $67.88.

Michael Kors Holdings Limited engages in the design, marketing, distribution, and retail of branded women's apparel and accessories, and men's apparel. The company sells its products primarily under the names of Michael Kors, MICHAEL KORS, MICHAEL MICHAEL KORS, and KORS MICHAEL KORS. Michael Kors Holdings has a market cap of $13.9 billion and is part of the specialty retail industry. Shares are up 33.0% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Michael Kors Holdings a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Michael Kors Holdings as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the stock itself is trading at a premium valuation. Get the full Michael Kors Holdings 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, Walt Disney ( DIS) is up $0.54 (0.8%) to $66.56 on average volume. Thus far, 5.1 million shares of Walt Disney exchanged hands as compared to its average daily volume of 7.6 million shares. The stock has ranged in price between $65.97-$66.74 after having opened the day at $66.05 as compared to the previous trading day's close of $66.02.

The Walt Disney Company operates as an entertainment company worldwide. Its Media Networks segment engages in broadcast television network, television production and distribution, television stations, broadcast radio networks and stations, and publishing and digital operations. Walt Disney has a market cap of $119.8 billion and is part of the media industry. Shares are up 32.6% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate Walt Disney a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Walt Disney as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Walt Disney 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, eBay ( EBAY) is up $0.91 (1.7%) to $53.62 on average volume. Thus far, 5.2 million shares of eBay exchanged hands as compared to its average daily volume of 10.3 million shares. The stock has ranged in price between $52.44-$53.64 after having opened the day at $52.71 as compared to the previous trading day's close of $52.71.

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 $68.0 billion and is part of the retail industry. Shares are up 3.0% year to date as of the close of trading on Monday. Currently there are 24 analysts that rate eBay a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates eBay as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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.

If you are interested in one of these 4 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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