5 Services Stocks On The Rise

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 4 points (0.0%) at 15,077 as of Monday, Aug. 19, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 933 issues advancing vs. 2,036 declining with 90 unchanged.

The Services sector currently is unchanged today versus the S&P 500, which is down 0.1%. Top gainers within the sector include Vipshop Holdings ( VIPS), up 11.4%, Dollar General Corporation ( DG), up 3.0%, Melco Crown Entertainment ( MPEL), up 1.7%, AutoZone ( AZO), up 1.5% and Visa ( V), up 1.3%. On the negative front, top decliners within the sector include Cencosud ( CNCO), down 3.7%, Staples ( SPLS), down 2.1%, Kohl's ( KSS), down 1.8%, Kroger ( KR), down 1.2% and Twenty-First Century Fox ( FOX), down 1.2%.

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

5. Costco Wholesale Corporation ( COST) is one of the companies pushing the Services sector higher today. As of noon trading, Costco Wholesale Corporation is up $0.60 (0.5%) to $112.50 on average volume. Thus far, 667,040 shares of Costco Wholesale Corporation exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $111.80-$112.94 after having opened the day at $111.90 as compared to the previous trading day's close of $111.90.

Costco Wholesale Corporation engages in the operation of membership warehouses. The company offers branded and private-label products in a range of merchandise categories. Costco Wholesale Corporation has a market cap of $48.8 billion and is part of the retail industry. Shares are up 13.3% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate Costco Wholesale Corporation a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Costco Wholesale Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Costco Wholesale Corporation 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.

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