4 Leisure 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 12 points (0.1%) at 14,943 as of Thursday, Sept. 5, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,432 issues advancing vs. 1,453 declining with 120 unchanged.

The Leisure industry currently sits up 0.3% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Burger King Worldwide ( BKW), up 2.8%, and McDonald's Corporation ( MCD), up 0.5%.

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

4. Melco Crown Entertainment ( MPEL) is one of the companies pushing the Leisure industry higher today. As of noon trading, Melco Crown Entertainment is up $0.24 (0.8%) to $28.35 on light volume. Thus far, 1.1 million shares of Melco Crown Entertainment exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $28.10-$28.75 after having opened the day at $28.23 as compared to the previous trading day's close of $28.11.

Melco Crown Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment resort facilities in Macau. Melco Crown Entertainment has a market cap of $15.3 billion and is part of the services sector. Shares are up 66.9% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Melco Crown Entertainment a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Melco Crown Entertainment 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, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Melco Crown Entertainment Ratings Report now.

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