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 22 points (0.1%) at 16,095 as of Wednesday, Nov. 27, 2013, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,757 issues advancing vs. 1,109 declining with 149 unchanged.

The Services sector currently sits up 0.5% versus the S&P 500, which is up 0.3%. Top gainers within the sector include Cablevision Systems ( CVC), up 4.7%, GNC Holdings ( GNC), up 3.8%, Melco Crown Entertainment ( MPEL), up 2.9%, Expedia ( EXPE), up 1.9% and Netflix ( NFLX), up 2.0%. On the negative front, top decliners within the sector include Sears Holdings Corporation ( SHLD), down 1.3%, Companhia Brasileira De Distribuicao ( CBD), down 0.9%, Walt Disney ( DIS), down 0.8%, Comcast ( CMCSA), down 0.6% and Gap ( GPS), down 0.7%.

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

5. McKesson ( MCK) is one of the companies pushing the Services sector higher today. As of noon trading, McKesson is up $0.82 (0.5%) to $164.93 on light volume. Thus far, 394,921 shares of McKesson exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $163.77-$165.59 after having opened the day at $165.10 as compared to the previous trading day's close of $164.11.

McKesson Corporation, together with its subsidiaries, delivers pharmaceuticals, medical supplies, and health care information technologies to the healthcare industry primarily in the United States. It operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions. McKesson has a market cap of $37.9 billion and is part of the wholesale industry. The company has a P/E ratio of 27.8, above the S&P 500 P/E ratio of 17.7. Shares are up 69.5% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate McKesson a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates McKesson 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, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full McKesson Ratings Report now.

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