5 Services Stocks Pushing 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.

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 Services sector currently sits up 0.6% versus the S&P 500, which is up 0.2%. Top gainers within the sector include Louisiana-Pacific ( LPX), up 11.1%, Sears Holdings Corporation ( SHLD), up 4.4%, Pandora Media ( P), up 3.2%, GameStop ( GME), up 3.1% and Burger King Worldwide ( BKW), up 2.8%. On the negative front, top decliners within the sector include H&R Block ( HRB), down 1.8%, Expedia ( EXPE), down 1.8%, Liberty Global ( LBTYK), down 1.2%, Home Depot ( HD), down 1.0% and Luxottica Group ( LUX), down 0.8%.

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

5. Macy's ( M) is one of the companies pushing the Services sector higher today. As of noon trading, Macy's is up $0.76 (1.7%) to $45.56 on average volume. Thus far, 2.6 million shares of Macy's exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $44.80-$45.75 after having opened the day at $44.83 as compared to the previous trading day's close of $44.80.

Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Macy's has a market cap of $17.0 billion and is part of the retail industry. Shares are up 14.8% year to date as of the close of trading on Wednesday. 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 growth in earnings per share, notable return on equity, reasonable valuation levels, increase in net income and increase in stock price during the past year. 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.

4. As of noon trading, Union Pacific ( UNP) is up $0.88 (0.6%) to $156.19 on light volume. Thus far, 333,578 shares of Union Pacific exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $155.12-$156.88 after having opened the day at $155.12 as compared to the previous trading day's close of $155.31.

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, provides rail transportation services in North America. Union Pacific has a market cap of $71.3 billion and is part of the transportation industry. Shares are up 23.5% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate Union Pacific a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Union Pacific 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, increase in net income and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Union Pacific 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, Michael Kors Holdings ( KORS) is up $0.64 (0.8%) to $76.04 on light volume. Thus far, 1.2 million shares of Michael Kors Holdings exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $75.50-$76.22 after having opened the day at $75.91 as compared to the previous trading day's close of $75.40.

Michael Kors Holdings Limited engages in the design, marketing, distribution, and retailing of branded women's apparel and accessories, and men's apparel. The company operates in three segments: Retail, Wholesale, and Licensing. Michael Kors Holdings has a market cap of $15.1 billion and is part of the specialty retail industry. Shares are up 47.8% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Michael Kors Holdings a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Michael Kors Holdings as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the stock itself is trading at a premium valuation. Get the full Michael Kors Holdings 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, FedEx Corporation ( FDX) is up $1.47 (1.4%) to $109.08 on light volume. Thus far, 648,764 shares of FedEx Corporation exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $107.47-$109.47 after having opened the day at $107.47 as compared to the previous trading day's close of $107.61.

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. FedEx Corporation has a market cap of $34.0 billion and is part of the transportation industry. Shares are up 17.3% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate FedEx Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates FedEx Corporation 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, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full FedEx 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.

1. As of noon trading, Walgreen Company ( WAG) is up $0.60 (1.2%) to $50.10 on average volume. Thus far, 3.0 million shares of Walgreen Company exchanged hands as compared to its average daily volume of 5.4 million shares. The stock has ranged in price between $49.82-$50.60 after having opened the day at $49.97 as compared to the previous trading day's close of $49.49.

Walgreen Co., together with its subsidiaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, as well as through mail, and by telephone and online. Walgreen Company has a market cap of $46.1 billion and is part of the retail industry. Shares are up 33.7% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Walgreen Company a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Walgreen Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Walgreen Company 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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