5 Stocks Raising The Services 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 14 points (0.1%) at 14,951 as of Friday, Sept. 6, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,968 issues advancing vs. 907 declining with 132 unchanged.

The Services sector currently sits up 0.4% versus the S&P 500, which is up 0.2%. Top gainers within the sector include Infoblox ( BLOX), up 15.6%, Grupo Televisa S.A.B ( TV), up 4.7%, Expedia ( EXPE), up 3.7%, Moody's Corporation ( MCO), up 3.4% and LATAM Airlines Group S.A ( LFL), up 3.4%. On the negative front, top decliners within the sector include Conn's ( CONN), down 11.5%, Zillow ( Z), down 4.0%, Macy's ( M), down 1.5%, Hertz Global Holdings ( HTZ), down 0.9% and Sirius XM Radio ( SIRI), down 0.9%.

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

5. Norfolk Southern Corporation ( NSC) is one of the companies pushing the Services sector higher today. As of noon trading, Norfolk Southern Corporation is up $0.72 (1.0%) to $74.84 on light volume. Thus far, 630,478 shares of Norfolk Southern Corporation exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $73.73-$74.89 after having opened the day at $74.23 as compared to the previous trading day's close of $74.13.

Norfolk Southern Corporation engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. Norfolk Southern Corporation has a market cap of $23.1 billion and is part of the transportation industry. Shares are up 19.9% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Norfolk Southern Corporation a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Norfolk Southern Corporation as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Norfolk Southern 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.

4. As of noon trading, Kroger ( KR) is up $0.29 (0.8%) to $37.64 on average volume. Thus far, 1.9 million shares of Kroger exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $37.12-$37.72 after having opened the day at $37.46 as compared to the previous trading day's close of $37.35.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. The company also manufactures and processes food for sale in its supermarkets. It operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Kroger has a market cap of $19.4 billion and is part of the retail industry. Shares are up 43.5% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Kroger a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Kroger as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. 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 Kroger 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, MGM Resorts International ( MGM) is up $0.20 (1.1%) to $18.49 on average volume. Thus far, 4.4 million shares of MGM Resorts International exchanged hands as compared to its average daily volume of 8.7 million shares. The stock has ranged in price between $18.15-$18.60 after having opened the day at $18.40 as compared to the previous trading day's close of $18.29.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts. The company operates in two segments, Wholly Owned Domestic Resorts and MGM China. Its resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. MGM Resorts International has a market cap of $8.9 billion and is part of the leisure industry. Shares are up 57.1% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate MGM Resorts International a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates MGM Resorts International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and increase in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity. Get the full MGM Resorts International 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, CSX ( CSX) is up $0.16 (0.6%) to $25.58 on light volume. Thus far, 2.3 million shares of CSX exchanged hands as compared to its average daily volume of 7.1 million shares. The stock has ranged in price between $25.37-$25.66 after having opened the day at $25.49 as compared to the previous trading day's close of $25.43.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services. It offers traditional rail services, and transports intermodal containers and trailers. CSX has a market cap of $25.8 billion and is part of the transportation industry. Shares are up 28.9% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate CSX a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates CSX as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, attractive valuation levels, expanding profit margins and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full CSX 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, CVS Caremark ( CVS) is up $0.37 (0.6%) to $58.83 on average volume. Thus far, 2.2 million shares of CVS Caremark exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $57.95-$58.94 after having opened the day at $58.59 as compared to the previous trading day's close of $58.46.

CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. CVS Caremark has a market cap of $72.0 billion and is part of the retail industry. Shares are up 20.9% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate CVS Caremark a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates CVS Caremark as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full CVS Caremark 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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