3 Stocks Pushing 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 14 points (0.1%) at 16,515 as of Thursday, April 24, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,645 issues advancing vs. 1,332 declining with 182 unchanged.

The Services sector currently is unchanged today versus the S&P 500, which is up 0.3%. Top gainers within the sector include Penske Automotive Group ( PAG), up 7.0%, Amazon.com ( AMZN), up 2.9%, Magna International ( MGA), up 2.0%, Wynn Resorts ( WYNN), up 1.9% and Las Vegas Sands ( LVS), up 1.7%. On the negative front, top decliners within the sector include United Continental Holdings ( UAL), down 7.6%, YY ( YY), down 7.3%, CoStar Group ( CSGP), down 4.3%, Ctrip.com International ( CTRP), down 3.4% and Netflix ( NFLX), down 2.7%.

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

3. Omnicom Group ( OMC) is one of the companies pushing the Services sector higher today. As of noon trading, Omnicom Group is up $0.94 (1.4%) to $69.72 on average volume. Thus far, 975,502 shares of Omnicom Group exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $68.54-$69.75 after having opened the day at $69.21 as compared to the previous trading day's close of $68.78.

Omnicom Group Inc., together with its subsidiaries, operates as an advertising, marketing, and corporate communications services company in the Americas, Europe, the Middle East, Africa, and the Asia pacific. Omnicom Group has a market cap of $18.2 billion and is part of the media industry. Shares are down 7.5% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts who rate Omnicom Group a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Omnicom Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, 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 Omnicom Group Ratings Report now.

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