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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 70 points (0.5%) at 14,846 as of Wednesday, Aug. 28, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,865 issues advancing vs. 1,062 declining with 104 unchanged.

The Services sector currently sits up 0.5% versus the S&P 500, which is up 0.6%. Top gainers within the sector include Chico's FAS ( CHS), up 6.4%, Conn's ( CONN), up 6.6%, Signet Jewelers ( SIG), up 2.6%, Netflix ( NFLX), up 2.9% and MGM Resorts International ( MGM), up 2.1%. On the negative front, top decliners within the sector include New Oriental Education & Technology Group I ( EDU), down 3.0%, Copa Holdings ( CPA), down 2.6%, Ryanair Holdings ( RYAAY), down 2.5%, Luxottica Group ( LUX), down 1.9% and Royal Philips ( PHG), down 0.9%.

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 $1.90 (1.4%) to $141.11 on light volume. Thus far, 456,331 shares of Wynn Resorts exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $138.70-$141.15 after having opened the day at $139.38 as compared to the previous trading day's close of $139.21.

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 $14.5 billion and is part of the leisure industry. Shares are up 27.1% year to date as of the close of trading on Tuesday. Currently there are 12 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, 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 Wynn Resorts 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, Macy's ( M) is up $0.66 (1.5%) to $44.13 on heavy volume. Thus far, 3.2 million shares of Macy's exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $43.36-$44.20 after having opened the day at $43.52 as compared to the previous trading day's close of $43.47.

Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Macy's has a market cap of $16.9 billion and is part of the retail industry. Shares are up 11.4% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Macy's a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Macy's as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, notable return on equity, reasonable valuation levels and increase in net income. 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 Macy's 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, Las Vegas Sands ( LVS) is up $1.43 (2.6%) to $56.00 on average volume. Thus far, 2.0 million shares of Las Vegas Sands exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $54.71-$56.00 after having opened the day at $54.72 as compared to the previous trading day's close of $54.57.

Las Vegas Sands Corp. develops, owns, and operates integrated resorts in Asia and the United States. Las Vegas Sands has a market cap of $46.4 billion and is part of the leisure industry. Shares are up 22.1% year to date as of the close of trading on Tuesday. Currently there are 15 analysts that rate Las Vegas Sands a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Las Vegas Sands as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. 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 Las Vegas Sands 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 Cable ( TWC) is up $1.09 (1.0%) to $108.13 on light volume. Thus far, 438,233 shares of Time Warner Cable exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $106.80-$108.28 after having opened the day at $107.01 as compared to the previous trading day's close of $107.04.

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 $30.9 billion and is part of the media industry. Shares are up 10.8% year to date as of the close of trading on Tuesday. 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 increase in net income. 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.

1. As of noon trading, McDonald's Corporation ( MCD) is up $1.31 (1.4%) to $96.15 on average volume. Thus far, 2.6 million shares of McDonald's Corporation exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $95.00-$96.30 after having opened the day at $95.00 as compared to the previous trading day's close of $94.84.

McDonald's Corporation franchises and operates McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. Its restaurants offer various food items, soft drinks, coffee, and other beverages, as well as breakfast menus. McDonald's Corporation has a market cap of $95.3 billion and is part of the leisure industry. Shares are up 7.5% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate McDonald's Corporation a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates McDonald's Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in stock price during the past year, 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 McDonald's 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.

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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