5 Stocks Pushing 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 156 points (1.0%) at 15,978 as of Friday, Dec. 6, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 2,203 issues advancing vs. 732 declining with 103 unchanged.

The Services sector currently sits up 0.7% versus the S&P 500, which is up 0.9%. Top gainers within the sector include LKQ Corporation ( LKQ), up 4.4%, MGM Resorts International ( MGM), up 2.8%, Verisk Analytics ( VRSK), up 2.7%, Lowe's Companies ( LOW), up 2.6% and Fidelity National Information Services ( FIS), up 2.0%. On the negative front, top decliners within the sector include Ulta Salon Cosmetics & Fragrances ( ULTA), down 21.5%, Big Lots ( BIG), down 13.5%, American Eagle Outfitters ( AEO), down 8.5%, J.C. Penney ( JCP), down 6.6% and Family Dollar Stores ( FDO), down 3.1%.

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

5. Starbucks Corporation ( SBUX) is one of the companies pushing the Services sector higher today. As of noon trading, Starbucks Corporation is up $0.50 (0.6%) to $80.22 on light volume. Thus far, 1.1 million shares of Starbucks Corporation exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $79.76-$80.75 after having opened the day at $80.60 as compared to the previous trading day's close of $79.72.

Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. Its stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single serve products, and juices and bottled water. Starbucks Corporation has a market cap of $59.9 billion and is part of the leisure industry. The company has a P/E ratio of 7950.0, above the S&P 500 P/E ratio of 17.7. Shares are up 48.6% year to date as of the close of trading on Thursday. Currently there are 17 analysts that rate Starbucks Corporation a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Starbucks Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Starbucks Corporation Ratings Report now.

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