3 Services Stocks Driving The 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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 29 points (-0.2%) at 16,367 as of Wednesday, March 5, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,229 issues advancing vs. 1,681 declining with 174 unchanged.

The Services sector currently is unchanged today versus the S&P 500, which is unchanged. Top gainers within the sector include Lions Gate Entertainment Corporation ( LGF), up 6.0%, United Continental Holdings ( UAL), up 3.0%, DISH Network ( DISH), up 1.4%, Comcast ( CMCSA), up 1.4% and Amazon.com ( AMZN), up 1.4%. On the negative front, top decliners within the sector include AthenaHealth ( ATHN), down 4.7%, YY ( YY), down 3.9%, Fleetcor Technologies ( FLT), down 3.6%, Whole Foods Market ( WFM), down 1.9% and Dollar Tree Stores ( DLTR), down 1.9%.

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

3. Delta Air Lines ( DAL) is one of the companies pushing the Services sector higher today. As of noon trading, Delta Air Lines is up $0.36 (1.0%) to $34.81 on average volume. Thus far, 5.2 million shares of Delta Air Lines exchanged hands as compared to its average daily volume of 12.7 million shares. The stock has ranged in price between $34.62-$35.15 after having opened the day at $34.85 as compared to the previous trading day's close of $34.45.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo worldwide. Its route network comprises various gateway airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Delta Air Lines has a market cap of $27.7 billion and is part of the transportation industry. Shares are up 18.6% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts who rate Delta Air Lines a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Delta Air Lines as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations, solid stock price performance, compelling growth in net income and revenue growth. 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 Delta Air Lines 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, Time Warner Cable ( TWC) is up $1.74 (1.2%) to $141.83 on light volume. Thus far, 1.2 million shares of Time Warner Cable exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $139.19-$141.85 after having opened the day at $140.10 as compared to the previous trading day's close of $140.09.

Time Warner Cable Inc., together with its subsidiaries, offers video, high-speed data, and voice services in the United States. Time Warner Cable has a market cap of $38.6 billion and is part of the media industry. Shares are up 2.8% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Time Warner Cable a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Time Warner Cable as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, good cash flow from operations and expanding profit margins. 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 Time Warner Cable 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 $1.33 (1.6%) to $83.04 on average volume. Thus far, 3.5 million shares of Walt Disney exchanged hands as compared to its average daily volume of 7.4 million shares. The stock has ranged in price between $82.02-$83.14 after having opened the day at $82.22 as compared to the previous trading day's close of $81.71.

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 $139.2 billion and is part of the media industry. Shares are up 4.0% year-to-date as of the close of trading on Tuesday. Currently there are 14 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

Trade Tussle Sinks Stocks, Oil Slides, Micron, Daimler - 5 Things You Must Know

Trade Tussle Sinks Stocks, Oil Slides, Micron, Daimler - 5 Things You Must Know

Bank of England Holds Rates Steady, But Vote Shift Signals Hawkish Tone

Bank of England Holds Rates Steady, But Vote Shift Signals Hawkish Tone

Futures Fall on Further Trade Rhetoric from China and 4 Other Stories to Watch

Futures Fall on Further Trade Rhetoric from China and 4 Other Stories to Watch

5 Biggest U.S. Tech Stocks Test $4 Trillion Valuation Amid Bullish Nasdaq Run

5 Biggest U.S. Tech Stocks Test $4 Trillion Valuation Amid Bullish Nasdaq Run

Trade War Fear Creeps Back Into Markets on Thursday

Trade War Fear Creeps Back Into Markets on Thursday