3 Stocks Boosting 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 22 points (0.1%) at 16,444 as of Friday, March 7, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,114 issues advancing vs. 1,815 declining with 163 unchanged.

The Diversified Services industry currently sits up 0.2% versus the S&P 500, which is down 0.2%. Top gainers within the industry include Korn/Ferry International ( KFY), up 12.6%, Service Corporation International ( SCI), up 1.7% and Western Union Company ( WU), up 1.3%. On the negative front, top decliners within the industry include Furmanite Corporation ( FRM), down 15.0%, Mercadolibre ( MELI), down 2.8%, AthenaHealth ( ATHN), down 2.5%, Shutterstock ( SSTK), down 2.1% and Fleetcor Technologies ( FLT), down 0.9%.

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

3. Paychex ( PAYX) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, Paychex is up $0.62 (1.5%) to $42.64 on average volume. Thus far, 1.1 million shares of Paychex exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $42.03-$42.94 after having opened the day at $42.03 as compared to the previous trading day's close of $42.02.

Paychex, Inc., together with its subsidiaries, provides payroll, human resource, insurance, and benefits outsourcing solutions for small to medium-sized businesses in the United States and Germany. Paychex has a market cap of $15.3 billion and is part of the services sector. Shares are down 7.7% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst who rates Paychex a buy, 4 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Paychex as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Paychex Ratings Report now.

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2. As of noon trading, MasterCard Incorporated ( MA) is up $0.50 (0.6%) to $78.13 on light volume. Thus far, 1.5 million shares of MasterCard Incorporated exchanged hands as compared to its average daily volume of 8.2 million shares. The stock has ranged in price between $77.52-$78.25 after having opened the day at $78.07 as compared to the previous trading day's close of $77.63.

MasterCard Incorporated provides transaction processing and other payment-related services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related products and services. MasterCard Incorporated has a market cap of $89.2 billion and is part of the financial sector. Shares are down 6.4% year-to-date as of the close of trading on Thursday. Currently there are 17 analysts who rate MasterCard Incorporated a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates MasterCard Incorporated as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full MasterCard Incorporated Ratings Report now.

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1. As of noon trading, Visa ( V) is up $1.15 (0.5%) to $225.01 on light volume. Thus far, 776,132 shares of Visa exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $223.54-$225.49 after having opened the day at $224.95 as compared to the previous trading day's close of $223.86.

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 $112.4 billion and is part of the financial sector. Shares are up 0.1% 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 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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