Services Stocks On The Rise With Help From 5 Stocks

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 44 points (-0.3%) at 15,836 as of Monday, Jan. 27, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 751 issues advancing vs. 2,176 declining with 155 unchanged.

The Services sector currently sits down 1.1% versus the S&P 500, which is down 0.4%. Top gainers within the sector include Robert Half International ( RHI), up 3.1%, H&R Block ( HRB), up 2.7%, LKQ Corporation ( LKQ), up 1.9%, McGraw Hill Financial ( MHFI), up 1.0% and Royal Philips ( PHG), up 0.6%. On the negative front, top decliners within the sector include Ctrip.com International ( CTRP), down 5.9%, United Continental Holdings ( UAL), down 3.9%, Hertz Global Holdings ( HTZ), down 2.6%, Alliance Data Systems Corporation ( ADS), down 2.5% and Delta Air Lines ( DAL), down 2.5%.

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

5. Signet Jewelers ( SIG) is one of the companies pushing the Services sector higher today. As of noon trading, Signet Jewelers is up $4.56 (6.1%) to $79.03 on heavy volume. Thus far, 1.5 million shares of Signet Jewelers exchanged hands as compared to its average daily volume of 764,600 shares. The stock has ranged in price between $76.78-$79.69 after having opened the day at $76.97 as compared to the previous trading day's close of $74.47.

Signet Jewelers Limited engages in the retail sale of jewelry and watches in the United States, the United Kingdom, the Republic of Ireland, and the Channel Islands. The company operates through US and UK divisions. Signet Jewelers has a market cap of $6.1 billion and is part of the specialty 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 5.4% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Signet Jewelers a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Signet Jewelers 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 solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Signet Jewelers 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, Moody's Corporation ( MCO) is up $0.61 (0.8%) to $73.58 on light volume. Thus far, 243,199 shares of Moody's Corporation exchanged hands as compared to its average daily volume of 821,200 shares. The stock has ranged in price between $72.65-$73.74 after having opened the day at $72.96 as compared to the previous trading day's close of $72.97.

Moody's Corporation provides credit ratings; and credit, capital markets, and economic related research, data, and analytical tools worldwide. Moody's Corporation has a market cap of $16.2 billion and is part of the diversified services industry. The company has a P/E ratio of 22.4, above the S&P 500 P/E ratio of 17.7. Shares are down 7.0% year-to-date as of the close of trading on Friday. Currently there are 5 analysts who rate Moody's Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Moody's Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Moody's 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.

3. As of noon trading, Melco Crown Entertainment ( MPEL) is up $0.75 (2.0%) to $38.95 on heavy volume. Thus far, 2.8 million shares of Melco Crown Entertainment exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $38.76-$39.93 after having opened the day at $39.44 as compared to the previous trading day's close of $38.20.

Melco Crown Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment resort facilities in Macau. Melco Crown Entertainment has a market cap of $22.9 billion and is part of the leisure industry. The company has a P/E ratio of 54.9, above the S&P 500 P/E ratio of 17.7. Shares are down 2.6% year-to-date as of the close of trading on Friday. Currently there are 11 analysts who rate Melco Crown Entertainment a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Melco Crown Entertainment 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Melco Crown Entertainment 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, Carnival Corporation ( CCL) is up $0.36 (0.9%) to $39.51 on average volume. Thus far, 2.8 million shares of Carnival Corporation exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $39.43-$40.21 after having opened the day at $40.17 as compared to the previous trading day's close of $39.15.

Carnival Corporation operates as a cruise and vacation company worldwide. The company operates in two segments, North America; and Europe, Australia, and Asia. Carnival Corporation has a market cap of $24.1 billion and is part of the leisure industry. The company has a P/E ratio of 25.7, above the S&P 500 P/E ratio of 17.7. Shares are down 2.5% year-to-date as of the close of trading on Friday. Currently there are 4 analysts who rate Carnival Corporation a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Carnival Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, 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 Carnival 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, Costco Wholesale Corporation ( COST) is up $1.48 (1.3%) to $113.61 on average volume. Thus far, 1.5 million shares of Costco Wholesale Corporation exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $112.03-$113.62 after having opened the day at $112.56 as compared to the previous trading day's close of $112.13.

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. The company offers branded and private-label products in a range of merchandise categories. Costco Wholesale Corporation has a market cap of $49.6 billion and is part of the retail industry. The company has a P/E ratio of 24.3, above the S&P 500 P/E ratio of 17.7. Shares are down 5.8% year-to-date as of the close of trading on Friday. Currently there are 11 analysts who rate Costco Wholesale Corporation a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Costco Wholesale Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Costco Wholesale 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.

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).

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