5 Services Stocks Pushing Sector Growth

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 58 points (-0.4%) at 15,461 as of Wednesday, Aug. 7, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 785 issues advancing vs. 2,161 declining with 94 unchanged.

The Services sector currently sits down 0.7% versus the S&P 500, which is down 0.4%. Top gainers within the sector include Computer Sciences Corporation ( CSC), up 5.9%, and MGM Resorts International ( MGM), up 2.5%. On the negative front, top decliners within the sector include Genpact ( G), down 7.5%, CH Robinson Worldwide ( CHRW), down 5.8%, Walt Disney ( DIS), down 1.9%, AutoZone ( AZO), down 1.8% and Magna International ( MGA), down 1.7%.

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

5. Live Nation Entertainment ( LYV) is one of the companies pushing the Services sector higher today. As of noon trading, Live Nation Entertainment is up $1.54 (9.5%) to $17.86 on heavy volume. Thus far, 2.8 million shares of Live Nation Entertainment exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $17.36-$18.19 after having opened the day at $17.44 as compared to the previous trading day's close of $16.32.

Live Nation Entertainment, Inc. operates as a live entertainment company. The company operates through Concerts, Ticketing, Artist Nation, and Sponsorship & Advertising segments. Live Nation Entertainment has a market cap of $3.2 billion and is part of the media industry. Shares are up 75.3% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate Live Nation Entertainment a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Live Nation Entertainment as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Live Nation Entertainment 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.

4. As of noon trading, Twenty-First Century Fox ( FOX) is up $0.55 (1.8%) to $31.84 on heavy volume. Thus far, 3.0 million shares of Twenty-First Century Fox exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $31.50-$32.85 after having opened the day at $31.62 as compared to the previous trading day's close of $31.29.

Twenty-First Century Fox, Inc. operates as a diversified media company worldwide. Twenty-First Century Fox has a market cap of $25.1 billion and is part of the media industry. Shares are up 19.2% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Twenty-First Century Fox a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Twenty-First Century Fox 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, notable return on equity, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Twenty-First Century Fox 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, Directv ( DTV) is up $0.85 (1.4%) to $61.96 on average volume. Thus far, 1.4 million shares of Directv exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $60.75-$61.99 after having opened the day at $60.89 as compared to the previous trading day's close of $61.11.

DIRECTV provides digital television entertainment in the United States and Latin America. The company engages in acquiring, promoting, selling, and distributing digital entertainment programming primarily through satellite to residential and commercial subscribers. Directv has a market cap of $33.9 billion and is part of the media industry. Shares are up 23.1% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Directv a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Directv as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Directv 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, Time Warner ( TWX) is up $1.31 (2.0%) to $65.39 on heavy volume. Thus far, 4.8 million shares of Time Warner exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $64.38-$66.01 after having opened the day at $65.62 as compared to the previous trading day's close of $64.08.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. The company operates in three segments: Networks, Film and TV Entertainment, and Publishing. The Networks segment consists of Turner Broadcasting System, Inc. and Home Box Office, Inc. Time Warner has a market cap of $60.1 billion and is part of the media industry. Shares are up 34.0% year to date as of the close of trading on Tuesday. Currently there are 18 analysts that rate Time Warner a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Time Warner 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, largely solid financial position with reasonable debt levels by most measures, 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 Time Warner 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, Twenty-First Century Fox ( FOXA) is up $0.55 (1.8%) to $31.78 on heavy volume. Thus far, 16.5 million shares of Twenty-First Century Fox exchanged hands as compared to its average daily volume of 16.7 million shares. The stock has ranged in price between $31.48-$32.89 after having opened the day at $32.00 as compared to the previous trading day's close of $31.23.

Twenty-First Century Fox, Inc. operates as a diversified media company worldwide. Twenty-First Century Fox has a market cap of $47.5 billion and is part of the media industry. Shares are up 22.4% year to date as of the close of trading on Tuesday. Currently there are 18 analysts that rate Twenty-First Century Fox a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Twenty-First Century Fox 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, notable return on equity, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Twenty-First Century Fox 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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