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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 91 points (0.6%) at 16,492 as of Wednesday, May 7, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,744 issues advancing vs. 1,239 declining with 163 unchanged.

The Services sector currently sits down 0.8% versus the S&P 500, which is up 0.3%. Top gainers within the sector include Caesars Entertainment ( CZR), up 14.8%, Live Nation Entertainment ( LYV), up 8.0%, Directv ( DTV), up 3.2%, Royal Philips ( PHG), up 2.4% and FedEx ( FDX), up 1.6%. On the negative front, top decliners within the sector include Whole Foods Market ( WFM), down 18.7%, GNC Holdings ( GNC), down 15.4%, Vipshop Holdings ( VIPS), down 7.1%, Ctrip.com International ( CTRP), down 6.8% and AthenaHealth ( ATHN), down 5.7%.

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

3. Target ( TGT) is one of the companies pushing the Services sector higher today. As of noon trading, Target is up $0.39 (0.7%) to $58.03 on average volume. Thus far, 3.7 million shares of Target exchanged hands as compared to its average daily volume of 5.9 million shares. The stock has ranged in price between $57.66-$58.25 after having opened the day at $57.86 as compared to the previous trading day's close of $57.64.

Target Corporation operates general merchandise stores in the United States and Canada. Target has a market cap of $37.9 billion and is part of the retail industry. Shares are down 8.9% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Target a buy, 3 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Target as a buy. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Target Ratings Report now.

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2. As of noon trading, McDonald's ( MCD) is up $1.09 (1.1%) to $102.04 on light volume. Thus far, 1.9 million shares of McDonald's exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $100.95-$102.11 after having opened the day at $101.26 as compared to the previous trading day's close of $100.95.

McDonald's Corporation franchises and operates McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company's restaurants offer various food items, soft drinks, coffee, and other beverages, as well as breakfast menus. McDonald's has a market cap of $100.0 billion and is part of the leisure industry. Shares are up 4.0% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts who rate McDonald's a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates McDonald's as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full McDonald's Ratings Report now.

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1. As of noon trading, Walt Disney ( DIS) is up $0.42 (0.5%) to $81.45 on heavy volume. Thus far, 6.3 million shares of Walt Disney exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $80.72-$82.44 after having opened the day at $81.65 as compared to the previous trading day's close of $81.03.

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 $142.3 billion and is part of the media industry. Shares are up 6.1% 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, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and good cash flow from operations. 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).

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