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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 57 points (-0.3%) at 16,357 as of Wednesday, Jan. 22, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,698 issues advancing vs. 1,213 declining with 185 unchanged.

The Services sector currently sits up 0.3% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Brinker International ( EAT), up 6.4%, Lions Gate Entertainment Corporation ( LGF), up 6.3%, Norfolk Southern Corporation ( NSC), up 5.9%, Ctrip.com International ( CTRP), up 3.9% and Fleetcor Technologies ( FLT), up 3.2%. On the negative front, top decliners within the sector include Net Servicos De Comunicacao ( NETC), down 10.2%, Melco Crown Entertainment ( MPEL), down 3.9%, Wynn Resorts ( WYNN), down 2.2%, Bed Bath & Beyond ( BBBY), down 1.6% and Ross Stores ( ROST), down 1.4%.

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

5. CSX ( CSX) is one of the companies pushing the Services sector higher today. As of noon trading, CSX is up $0.23 (0.8%) to $27.27 on average volume. Thus far, 3.9 million shares of CSX exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $27.17-$27.38 after having opened the day at $27.20 as compared to the previous trading day's close of $27.04.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services. It offers traditional rail services, and transports intermodal containers and trailers. CSX has a market cap of $27.6 billion and is part of the transportation industry. The company has a P/E ratio of 14.9, below the S&P 500 P/E ratio of 17.7. Shares are down 6.0% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts who rate CSX a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates CSX 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, good cash flow from operations 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 CSX Ratings Report now.

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