5 Services 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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 22 points (0.1%) at 15,897 as of Wednesday, Dec. 18, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,497 issues advancing vs. 1,411 declining with 169 unchanged.

The Services sector currently sits up 0.1% versus the S&P 500, which is unchanged. Top gainers within the sector include Valassis Communications ( VCI), up 21.3%, CVS Caremark ( CVS), up 2.6%, Luxottica Group ( LUX), up 2.0%, Western Union Company ( WU), up 1.7% and Comcast ( CMCSK), up 1.0%. On the negative front, top decliners within the sector include AerCap Holdings N.V ( AER), down 3.1%, Cencosud ( CNCO), down 2.7%, Mercadolibre ( MELI), down 2.4%, LATAM Airlines Group S.A ( LFL), down 2.0% and Ryanair Holdings ( RYAAY), down 1.6%.

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

5. Bed Bath & Beyond ( BBBY) is one of the companies pushing the Services sector higher today. As of noon trading, Bed Bath & Beyond is up $1.13 (1.5%) to $78.08 on light volume. Thus far, 463,585 shares of Bed Bath & Beyond exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $76.98-$78.17 after having opened the day at $77.35 as compared to the previous trading day's close of $76.95.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. Bed Bath & Beyond has a market cap of $16.5 billion and is part of the retail industry. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are up 37.4% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Bed Bath & Beyond a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Bed Bath & Beyond 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, notable return on equity and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Bed Bath & Beyond 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, Starwood Hotels & Resorts Worldwide ( HOT) is up $0.69 (0.9%) to $76.46 on average volume. Thus far, 717,382 shares of Starwood Hotels & Resorts Worldwide exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $75.92-$76.83 after having opened the day at $76.03 as compared to the previous trading day's close of $75.77.

Starwood Hotels & Resorts Worldwide, Inc. operates as a hotel and leisure company worldwide. The company operates luxury and upscale full-service hotels, resorts, residences, retreats, select-service hotels, and extended stay hotels under the St. Starwood Hotels & Resorts Worldwide has a market cap of $14.5 billion and is part of the leisure industry. The company has a P/E ratio of 29.4, above the S&P 500 P/E ratio of 17.7. Shares are up 32.1% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Starwood Hotels & Resorts Worldwide a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Starwood Hotels & Resorts Worldwide as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, growth in earnings per share 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 Starwood Hotels & Resorts Worldwide 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, Target ( TGT) is up $1.35 (2.2%) to $63.00 on average volume. Thus far, 3.1 million shares of Target exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $62.43-$63.17 after having opened the day at $62.52 as compared to the previous trading day's close of $61.65.

Target Corporation operates general merchandise stores in the United States. Target has a market cap of $39.3 billion and is part of the retail industry. The company has a P/E ratio of 16.7, below the S&P 500 P/E ratio of 17.7. Shares are up 4.2% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Target a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Target as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth 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 Target 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, Starbucks Corporation ( SBUX) is up $0.52 (0.7%) to $76.61 on light volume. Thus far, 1.4 million shares of Starbucks Corporation exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $76.10-$76.74 after having opened the day at $76.13 as compared to the previous trading day's close of $76.09.

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 $57.6 billion and is part of the leisure industry. The company has a P/E ratio of 7646.0, above the S&P 500 P/E ratio of 17.7. Shares are up 42.6% year to date as of the close of trading on Tuesday. Currently there are 17 analysts that rate Starbucks Corporation a buy, no analysts rate it a sell, and 6 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.

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, Michael Kors Holdings ( KORS) is up $0.73 (0.9%) to $83.64 on light volume. Thus far, 1.0 million shares of Michael Kors Holdings exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $82.93-$83.93 after having opened the day at $83.06 as compared to the previous trading day's close of $82.91.

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 $16.8 billion and is part of the specialty retail industry. The company has a P/E ratio of 33.4, above the S&P 500 P/E ratio of 17.7. Shares are up 61.1% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Michael Kors Holdings a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Michael Kors Holdings as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. 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.

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).

null

More from Markets

Stocks Rise Sharply, Facebook Ignites a Nasdaq Rally

Stocks Rise Sharply, Facebook Ignites a Nasdaq Rally

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2

Why Nashville, Denver, LA Should Reconsider Bids for Amazon HQ2

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Chipotle Shares Are Probably Done Going Down

Jim Cramer: Chipotle Shares Are Probably Done Going Down