5 Stocks Improving Performance Of The Services Sector

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 83 points (0.5%) at 16,304 as of Monday, Dec. 23, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 2,307 issues advancing vs. 673 declining with 118 unchanged.

The Services sector currently sits up 0.8% versus the S&P 500, which is up 0.6%. Top gainers within the sector include Darden Restaurants ( DRI), up 6.6%, Rite Aid Corporation ( RAD), up 5.5%, Vipshop Holdings ( VIPS), up 5.0%, Pandora Media ( P), up 4.7% and Mercadolibre ( MELI), up 3.7%. On the negative front, top decliners within the sector include Steiner Leisure ( STNR), down 15.4%, Michael Kors Holdings ( KORS), down 4.6%, Whole Foods Market ( WFM), down 1.6%, Target ( TGT), down 1.2% and Cencosud ( CNCO), down 1.2%.

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

5. Hertz Global Holdings ( HTZ) is one of the companies pushing the Services sector higher today. As of noon trading, Hertz Global Holdings is up $0.46 (1.8%) to $26.21 on light volume. Thus far, 1.7 million shares of Hertz Global Holdings exchanged hands as compared to its average daily volume of 11.1 million shares. The stock has ranged in price between $25.77-$26.22 after having opened the day at $25.88 as compared to the previous trading day's close of $25.75.

Hertz Global Holdings, Inc., through its subsidiaries, engages in the car and equipment rental businesses worldwide. The company operates in two segments, Car Rental and Equipment Rental. Hertz Global Holdings has a market cap of $11.4 billion and is part of the diversified services industry. The company has a P/E ratio of 36.8, above the S&P 500 P/E ratio of 17.7. Shares are up 58.3% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Hertz Global Holdings a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Hertz Global Holdings as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Hertz Global Holdings Ratings Report now.

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