3 Services Stocks Pushing Sector Growth

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 38 points (0.2%) at 16,171 as of Friday, Feb. 21, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,939 issues advancing vs. 967 declining with 167 unchanged.

The Services sector currently sits up 0.5% versus the S&P 500, which is up 0.3%. Top gainers within the sector include Shutterstock ( SSTK), up 16.9%, CoStar Group ( CSGP), up 6.3%, Omnicare ( OCR), up 3.9%, DISH Network ( DISH), up 3.6% and Priceline.com ( PCLN), up 3.6%. On the negative front, top decliners within the sector include National CineMedia ( NCMI), down 13.9%, Financial Engines ( FNGN), down 11.1%, Royal Philips ( PHG), down 0.8%, Liberty Global ( LBTYA), down 0.6% and Starbucks Corporation ( SBUX), down 0.8%.

TheStreet would like to highlight 3 stocks pushing the sector higher today:

3. CBS Corporation ( CBS) is one of the companies pushing the Services sector higher today. As of noon trading, CBS Corporation is up $0.57 (0.9%) to $66.48 on light volume. Thus far, 1.7 million shares of CBS Corporation exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $65.74-$66.58 after having opened the day at $66.07 as compared to the previous trading day's close of $65.91.

CBS Corporation operates as a mass media company in the United States and internationally. It operates in five segments: Entertainment, Cable Networks, Publishing, Local Broadcasting, and Outdoor Americas. CBS Corporation has a market cap of $36.5 billion and is part of the media industry. Shares are up 3.3% year-to-date as of the close of trading on Thursday. Currently there are 18 analysts who rate CBS Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates CBS Corporation 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, compelling growth in net income and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full CBS Corporation Ratings Report now.

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2. As of noon trading, Home Depot ( HD) is up $0.40 (0.5%) to $77.88 on average volume. Thus far, 3.3 million shares of Home Depot exchanged hands as compared to its average daily volume of 6.5 million shares. The stock has ranged in price between $77.36-$78.04 after having opened the day at $77.36 as compared to the previous trading day's close of $77.48.

The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $107.7 billion and is part of the retail industry. Shares are down 5.9% year-to-date as of the close of trading on Thursday. Currently there are 11 analysts who rate Home Depot a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. 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 Home Depot 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, Visa ( V) is up $0.95 (0.4%) to $224.41 on light volume. Thus far, 831,056 shares of Visa exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $222.98-$224.67 after having opened the day at $223.73 as compared to the previous trading day's close of $223.46.

Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. Visa has a market cap of $112.9 billion and is part of the financial services industry. Shares are up 0.3% year-to-date as of the close of trading on Thursday. Currently there are 18 analysts who rate Visa a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Visa 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, growth in earnings per share, expanding profit margins 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 Visa 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 3 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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