5 Stocks Advancing The Services Sector

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 54 points (-0.3%) at 16,409 as of Thursday, Jan. 9, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,224 issues advancing vs. 1,713 declining with 144 unchanged.

The Services sector currently sits down 0.6% versus the S&P 500, which is down 0.2%. Top gainers within the sector include United Continental Holdings ( UAL), up 9.4%, Global Payments ( GPN), up 4.0%, Delta Air Lines ( DAL), up 3.4%, McKesson ( MCK), up 3.0% and Costco Wholesale Corporation ( COST), up 2.8%. On the negative front, top decliners within the sector include Pier 1 Imports ( PIR), down 12.3%, Family Dollar Stores ( FDO), down 6.9%, Signet Jewelers ( SIG), down 6.1%, Sears Holdings Corporation ( SHLD), down 5.8% and L Brands ( LB), down 4.7%.

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

5. Cardinal Health ( CAH) is one of the companies pushing the Services sector higher today. As of noon trading, Cardinal Health is up $0.95 (1.4%) to $67.98 on average volume. Thus far, 1.8 million shares of Cardinal Health exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $67.03-$68.86 after having opened the day at $67.36 as compared to the previous trading day's close of $67.03.

Cardinal Health, Inc., a healthcare services company, provides pharmaceutical and medical products and services in the United States and internationally. The company operates in two segments, Pharmaceutical and Medical. Cardinal Health has a market cap of $23.1 billion and is part of the wholesale industry. The company has a P/E ratio of 57.2, above the S&P 500 P/E ratio of 17.7. Shares are up 0.3% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Cardinal Health a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Cardinal Health as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, solid stock price performance, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Cardinal Health 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, Chipotle Mexican Grill ( CMG) is up $6.65 (1.2%) to $542.50 on average volume. Thus far, 257,924 shares of Chipotle Mexican Grill exchanged hands as compared to its average daily volume of 400,200 shares. The stock has ranged in price between $536.15-$548.14 after having opened the day at $536.95 as compared to the previous trading day's close of $535.85.

Chipotle Mexican Grill, Inc. develops and operates fast casual and fresh Mexican food restaurants. Its restaurants primarily offer burritos, tacos, burrito bowls, and salads. As of October 15, 2013, the company operated approximately 1,500 restaurants. Chipotle Mexican Grill, Inc. Chipotle Mexican Grill has a market cap of $16.5 billion and is part of the leisure industry. The company has a P/E ratio of 54.0, above the S&P 500 P/E ratio of 17.7. Shares are up 0.6% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Chipotle Mexican Grill a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Chipotle Mexican Grill 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, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Chipotle Mexican Grill 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, Directv ( DTV) is up $0.43 (0.6%) to $69.71 on light volume. Thus far, 1.2 million shares of Directv exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $69.33-$69.94 after having opened the day at $69.64 as compared to the previous trading day's close of $69.28.

DIRECTV provides digital television entertainment in the United States and Latin America. The company engages in acquiring, promoting, selling, and distributing digital entertainment programming primarily through satellite to residential and commercial subscribers. Directv has a market cap of $36.7 billion and is part of the media industry. The company has a P/E ratio of 13.5, below the S&P 500 P/E ratio of 17.7. Shares are up 0.3% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Directv a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Directv 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 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 Directv 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, Macy's ( M) is up $4.08 (7.9%) to $55.92 on heavy volume. Thus far, 8.9 million shares of Macy's exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $54.79-$56.12 after having opened the day at $55.15 as compared to the previous trading day's close of $51.84.

Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Macy's has a market cap of $19.2 billion and is part of the retail industry. The company has a P/E ratio of 14.8, below the S&P 500 P/E ratio of 17.7. Shares are down 2.9% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Macy's a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Macy's as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, growth in earnings per share and increase in net income. 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 Macy's 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, Target ( TGT) is up $0.53 (0.8%) to $63.22 on average volume. Thus far, 2.2 million shares of Target exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $62.77-$63.22 after having opened the day at $62.89 as compared to the previous trading day's close of $62.69.

Target Corporation operates general merchandise stores in the United States. Target has a market cap of $39.8 billion and is part of the retail industry. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7. Shares are down 0.9% year to date as of the close of trading on Wednesday. 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, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. 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.

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

If you liked this article you might like

House Committee: 2 Pharmacy Managers Sent 12.3 Million Opioid Doses to 1 Store

House Committee: 2 Pharmacy Managers Sent 12.3 Million Opioid Doses to 1 Store

Medical Supply Stocks Get Hit in Latest Example of the 'Amazon Effect'

Medical Supply Stocks Get Hit in Latest Example of the 'Amazon Effect'

Purdue Pharma to Downplay Opioids, Dump 50% of Sales Staff

Purdue Pharma to Downplay Opioids, Dump 50% of Sales Staff

Drug Supply Chain Stocks Dip After White House Recommendations on Drug Pricing

Drug Supply Chain Stocks Dip After White House Recommendations on Drug Pricing

What's Behind the Hound of Hades' Stock Market Rampage

What's Behind the Hound of Hades' Stock Market Rampage