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 108 points (0.7%) at 14,942 as of Wednesday, Sept. 4, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,111 issues advancing vs. 816 declining with 96 unchanged.

The Services sector currently sits up 0.7% versus the S&P 500, which is up 1.3%. Top gainers within the sector include Dollar General Corporation ( DG), up 6.3%, Dollar Tree Stores ( DLTR), up 3.2%, MGM Resorts International ( MGM), up 2.9%, Royal Philips ( PHG), up 3.0% and CSX ( CSX), up 2.2%. On the negative front, top decliners within the sector include Delhaize Group ( DEG), down 7.0%, SAIC ( SAI), down 5.2%, H&R Block ( HRB), down 2.1% and Luxottica Group ( LUX), down 1.8%.

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

5. McDonald's Corporation ( MCD) is one of the companies pushing the Services sector higher today. As of noon trading, McDonald's Corporation is up $0.81 (0.9%) to $95.33 on light volume. Thus far, 1.4 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 $94.34-$95.36 after having opened the day at $94.50 as compared to the previous trading day's close of $94.52.

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 $94.3 billion and is part of the leisure industry. Shares are up 7.2% 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.

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