4 Services Stocks Driving The Sector Higher

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 79 points (-0.5%) at 15,419 as of Friday, Aug. 9, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,348 issues advancing vs. 1,561 declining with 117 unchanged.

The Services sector currently sits down 0.1% versus the S&P 500, which is down 0.2%. Top gainers within the sector include Priceline.com ( PCLN), up 5.2%, Amazon.com ( AMZN), up 1.1%, Royal Philips ( PHG), up 0.8% and CVS Caremark ( CVS), up 0.9%. On the negative front, top decliners within the sector include Carnival Corporation ( CCL), down 1.8%, Delta Air Lines ( DAL), down 1.5%, Directv ( DTV), down 1.3%, Home Depot ( HD), down 1.3% and Luxottica Group ( LUX), down 1.3%.

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

4. Companhia Brasileira De Distribuicao ( CBD) is one of the companies pushing the Services sector higher today. As of noon trading, Companhia Brasileira De Distribuicao is up $1.62 (3.8%) to $44.64 on light volume. Thus far, 212,633 shares of Companhia Brasileira De Distribuicao exchanged hands as compared to its average daily volume of 630,400 shares. The stock has ranged in price between $43.35-$44.68 after having opened the day at $43.73 as compared to the previous trading day's close of $43.02.

Companhia Brasileira de Distribuic o engages in the retail of food and non-food products to individual consumers through its chain of hypermarkets, supermarkets, specialized and department stores, and e-commerce. Companhia Brasileira De Distribuicao has a market cap of $11.3 billion and is part of the retail industry. Shares are down 3.1% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Companhia Brasileira De Distribuicao a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Companhia Brasileira De Distribuicao as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Companhia Brasileira De Distribuicao 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, Magna International ( MGA) is up $3.77 (4.9%) to $80.73 on heavy volume. Thus far, 675,804 shares of Magna International exchanged hands as compared to its average daily volume of 672,000 shares. The stock has ranged in price between $78.94-$80.98 after having opened the day at $79.94 as compared to the previous trading day's close of $76.96.

Magna International Inc. designs, develops, manufactures, and engineers automotive systems and components to original equipment manufacturers primarily in North America, Europe, and internationally. Magna International has a market cap of $17.2 billion and is part of the wholesale industry. Shares are up 50.4% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Magna International a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Magna International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Magna International 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, Yum Brands ( YUM) is up $0.54 (0.7%) to $74.64 on light volume. Thus far, 844,144 shares of Yum Brands exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $73.80-$74.95 after having opened the day at $74.06 as compared to the previous trading day's close of $74.10.

YUM! Brands, Inc., together with its subsidiaries, operates quick service restaurants in the United States and internationally. It operates in six segments: YUM Restaurants China, YUM Restaurants International, Taco Bell U.S., KFC U.S., Pizza Hut U.S., and YUM Restaurants India. Yum Brands has a market cap of $33.0 billion and is part of the leisure industry. Shares are up 11.3% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Yum Brands a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Yum Brands as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Yum Brands 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, Time Warner Cable ( TWC) is up $0.94 (0.8%) to $115.70 on light volume. Thus far, 501,027 shares of Time Warner Cable exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $114.62-$115.81 after having opened the day at $114.62 as compared to the previous trading day's close of $114.76.

Time Warner Cable Inc., together with its subsidiaries, offers video, high-speed data, and voice services to residential and business service customers over its broadband cable systems in the United States. Time Warner Cable has a market cap of $32.8 billion and is part of the media industry. Shares are up 18.1% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate Time Warner Cable a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Time Warner Cable as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, solid stock price performance and good cash flow from operations. 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 Time Warner Cable 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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