3 Stocks Pushing The Leisure 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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 16,415 as of Thursday, April 17, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,581 issues advancing vs. 1,369 declining with 186 unchanged.

The Leisure industry currently sits down 0.1% versus the S&P 500, which is unchanged.

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

3. Starwood Hotels & Resorts Worldwide ( HOT) is one of the companies pushing the Leisure industry higher today. As of noon trading, Starwood Hotels & Resorts Worldwide is up $0.81 (1.1%) to $77.33 on average volume. Thus far, 686,725 shares of Starwood Hotels & Resorts Worldwide exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $76.37-$77.53 after having opened the day at $76.50 as compared to the previous trading day's close of $76.52.

Starwood Hotels & Resorts Worldwide, Inc. operates as a hotel and leisure company worldwide. The company owns, operates, and franchises luxury and upscale full-service hotels, resorts, residences, retreats, select-service hotels, and extended stay hotels under the St. Starwood Hotels & Resorts Worldwide has a market cap of $14.5 billion and is part of the services sector. Shares are down 3.7% year-to-date as of the close of trading on Wednesday. Currently there are 14 analysts who rate Starwood Hotels & Resorts Worldwide a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Starwood Hotels & Resorts Worldwide as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Starwood Hotels & Resorts Worldwide 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, Carnival Corporation ( CCL) is up $0.60 (1.6%) to $37.14 on light volume. Thus far, 1.3 million shares of Carnival Corporation exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $36.68-$37.29 after having opened the day at $36.76 as compared to the previous trading day's close of $36.54.

Carnival Corporation operates as a cruise company worldwide. It operates in two segments, North America; and Europe, Australia, & Asia. Carnival Corporation has a market cap of $21.5 billion and is part of the services sector. Shares are down 9.0% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who rate Carnival Corporation a buy, 2 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Carnival Corporation as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Carnival Corporation 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, Melco Crown Entertainment ( MPEL) is up $0.89 (2.5%) to $36.57 on average volume. Thus far, 1.8 million shares of Melco Crown Entertainment exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $35.30-$36.60 after having opened the day at $35.39 as compared to the previous trading day's close of $35.68.

Melco Crown Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment resort facilities in Macau. Melco Crown Entertainment has a market cap of $18.8 billion and is part of the services sector. Shares are down 9.0% year-to-date as of the close of trading on Wednesday. Currently there are 12 analysts who rate Melco Crown Entertainment a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Melco Crown Entertainment 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Melco Crown Entertainment 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 leisure industry could consider PowerShares Dynamic Leisure&Entert ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).

null

More from Markets

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Video: You Could Live in a Ritz-Carlton or St. Regis Home

Video: You Could Live in a Ritz-Carlton or St. Regis Home