4 Stocks Driving The Diversified Services Industry Higher

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 up 4 points (0.0%) at 15,449 as of Wednesday, Feb. 5, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 771 issues advancing vs. 2,156 declining with 142 unchanged.

The Diversified Services industry currently sits down 1.1% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include WageWorks ( WAGE), down 4.4%, Financial Engines ( FNGN), down 3.9%, Air Lease ( AL), down 2.6%, Total System Services ( TSS), down 1.6% and Robert Half International ( RHI), down 1.5%.

TheStreet would like to highlight 4 stocks pushing the industry higher today:

4. WEX ( WEX) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, WEX is up $1.60 (1.9%) to $84.63 on heavy volume. Thus far, 182,821 shares of WEX exchanged hands as compared to its average daily volume of 185,200 shares. The stock has ranged in price between $83.00-$86.06 after having opened the day at $83.00 as compared to the previous trading day's close of $83.03.

WEX Inc. provides corporate card payment solutions in North and South America, the Asia Pacific, and Europe. It operates in two segments, Fleet Payment Solutions and Other Payment Solutions. WEX has a market cap of $3.1 billion and is part of the services sector. Shares are down 16.2% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate WEX a buy, 2 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates WEX 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, compelling growth in net income, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full WEX Ratings Report now.

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3. As of noon trading, Myriad Genetics ( MYGN) is up $2.95 (10.8%) to $30.13 on heavy volume. Thus far, 5.2 million shares of Myriad Genetics exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $29.10-$31.08 after having opened the day at $30.67 as compared to the previous trading day's close of $27.18.

Myriad Genetics, Inc., a molecular diagnostic company, focuses on the development and marketing of predictive medicine, personalized medicine, and prognostic medicine tests primarily in the United States. Myriad Genetics has a market cap of $2.0 billion and is part of the services sector. Shares are up 29.6% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate Myriad Genetics a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Myriad Genetics 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, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Myriad Genetics 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, Mercadolibre ( MELI) is up $2.16 (2.4%) to $93.66 on heavy volume. Thus far, 823,575 shares of Mercadolibre exchanged hands as compared to its average daily volume of 756,400 shares. The stock has ranged in price between $91.11-$94.05 after having opened the day at $91.45 as compared to the previous trading day's close of $91.50.

MercadoLibre, Inc. hosts online commerce platforms in Latin America. Its services are designed to provide users with mechanisms for buying, selling, paying, collecting, generating leads, and comparing listings through e-commerce transactions. Mercadolibre has a market cap of $4.1 billion and is part of the services sector. Shares are down 15.1% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who rate Mercadolibre a buy, 3 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Mercadolibre 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, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Mercadolibre 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, Tyco International ( TYC) is up $0.20 (0.5%) to $40.13 on average volume. Thus far, 1.6 million shares of Tyco International exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $39.52-$40.28 after having opened the day at $39.75 as compared to the previous trading day's close of $39.93.

Tyco International Ltd. provides security, fire detection, suppression, and life safety products and services worldwide. Tyco International has a market cap of $18.2 billion and is part of the services sector. Shares are down 2.7% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Tyco International a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Tyco International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Tyco International 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 4 stocks, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).
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