3 Stocks Driving 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 77 points (0.5%) at 16,913 as of Friday, June 6, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,319 issues advancing vs. 667 declining with 134 unchanged.

The Services sector currently sits up 0.8% versus the S&P 500, which is up 0.4%. Top gainers within the sector include CoStar Group ( CSGP), up 4.2%, Trinity Industries ( TRN), up 3.4%, Companhia Brasileira De Distribuicao ( CBD), up 3.4%, Grupo Televisa SAB ( TV), up 2.6% and Avis Budget Group ( CAR), up 2.6%. On the negative front, top decliners within the sector include Rite Aid ( RAD), down 1.7%, Las Vegas Sands ( LVS), down 0.8% and Walgreen ( WAG), down 0.8%.

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

3. MasterCard ( MA) is one of the companies pushing the Services sector higher today. As of noon trading, MasterCard is up $0.67 (0.9%) to $77.51 on light volume. Thus far, 1.4 million shares of MasterCard exchanged hands as compared to its average daily volume of 5.7 million shares. The stock has ranged in price between $76.90-$77.88 after having opened the day at $77.00 as compared to the previous trading day's close of $76.84.

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 has a market cap of $85.8 billion and is part of the financial services industry. Shares are down 8.0% year-to-date as of the close of trading on Thursday. Currently there are 18 analysts who rate MasterCard a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates MasterCard 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, impressive record of earnings per share growth, increase in net income and expanding profit margins. 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 Ratings Report now.

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2. As of noon trading, Delta Air Lines ( DAL) is up $0.70 (1.7%) to $42.20 on average volume. Thus far, 4.7 million shares of Delta Air Lines exchanged hands as compared to its average daily volume of 11.2 million shares. The stock has ranged in price between $41.73-$42.27 after having opened the day at $41.77 as compared to the previous trading day's close of $41.50.

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 $35.8 billion and is part of the transportation industry. Shares are up 51.1% year-to-date as of the close of trading on Thursday. 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, reasonable valuation levels, solid stock price performance, compelling growth in net income and revenue growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Delta Air Lines Ratings Report now.

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1. As of noon trading, Amazon.com ( AMZN) is up $5.01 (1.6%) to $328.58 on heavy volume. Thus far, 3.6 million shares of Amazon.com exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $324.93-$330.88 after having opened the day at $325.00 as compared to the previous trading day's close of $323.57.

Amazon.com, Inc. operates as an online retailer in North America and internationally. The company operates in two segments, North America and International. Amazon.com has a market cap of $141.2 billion and is part of the retail industry. Shares are down 23.1% year-to-date as of the close of trading on Thursday. Currently there are 26 analysts who rate Amazon.com a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Amazon.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. Get the full Amazon.com 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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