3 Stocks Boosting The Services Sector 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 115 points (0.7%) at 16,388 as of Friday, Feb. 28, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,987 issues advancing vs. 938 declining with 158 unchanged.

The Services sector currently sits up 0.5% versus the S&P 500, which is up 0.6%. Top gainers within the sector include Central European Media ( CETV), up 65.1%, Mercadolibre ( MELI), up 14.2%, Kroger ( KR), up 3.0%, LKQ Corporation ( LKQ), up 2.9% and Target ( TGT), up 2.8%. On the negative front, top decliners within the sector include American Public Education ( APEI), down 21.5%, KBR ( KBR), down 14.8%, Wendy's ( WEN), down 4.2%, Ctrip.com International ( CTRP), down 3.1% and Starbucks Corporation ( SBUX), down 2.2%.

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

3. CVS Caremark ( CVS) is one of the companies pushing the Services sector higher today. As of noon trading, CVS Caremark is up $0.92 (1.3%) to $73.08 on light volume. Thus far, 1.9 million shares of CVS Caremark exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $72.14-$73.25 after having opened the day at $72.25 as compared to the previous trading day's close of $72.16.

CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. The company operates through Pharmacy Services and Retail Pharmacy segments. CVS Caremark has a market cap of $85.4 billion and is part of the retail industry. Shares are up 0.8% year-to-date as of the close of trading on Thursday. Currently there are 15 analysts who rate CVS Caremark a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates CVS Caremark 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 largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full CVS Caremark 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, Wal-Mart Stores ( WMT) is up $0.37 (0.5%) to $74.93 on light volume. Thus far, 2.0 million shares of Wal-Mart Stores exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $74.20-$75.13 after having opened the day at $74.48 as compared to the previous trading day's close of $74.56.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company operates in three segments: Walmart U.S., Walmart International, and Sam's Club. Wal-Mart Stores has a market cap of $242.0 billion and is part of the retail industry. Shares are down 5.2% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts who rate Wal-Mart Stores a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Wal-Mart Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Wal-Mart Stores 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, Walt Disney ( DIS) is up $0.84 (1.0%) to $81.32 on light volume. Thus far, 2.0 million shares of Walt Disney exchanged hands as compared to its average daily volume of 7.3 million shares. The stock has ranged in price between $80.61-$81.59 after having opened the day at $80.84 as compared to the previous trading day's close of $80.48.

The Walt Disney Company operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive. Walt Disney has a market cap of $140.3 billion and is part of the media industry. Shares are up 5.3% year-to-date as of the close of trading on Thursday. Currently there are 13 analysts who rate Walt Disney a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Walt Disney 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. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Walt Disney 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).

null

More from Markets

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers