3 Services Stocks Nudging The 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 89 points (-0.5%) at 16,857 as of Wednesday, June 11, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,007 issues advancing vs. 1,935 declining with 173 unchanged.

The Services sector currently sits down 0.4% versus the S&P 500, which is down 0.3%. Top gainers within the sector include Ulta Salon Cosmetics & Fragrances ( ULTA), up 14.2%, Rite Aid ( RAD), up 3.4%, H&R Block ( HRB), up 2.7%, Ctrip.com International ( CTRP), up 1.9% and Wynn Resorts ( WYNN), up 1.7%. On the negative front, top decliners within the sector include United Natural Foods ( UNFI), down 7.5%, United Continental Holdings ( UAL), down 4.2%, Ryanair Holdings ( RYAAY), down 2.0%, Discovery Communications ( DISCA), down 1.8% and Royal Philips ( PHG), down 1.7%.

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

3. Expedia ( EXPE) is one of the companies pushing the Services sector higher today. As of noon trading, Expedia is up $1.07 (1.4%) to $76.16 on light volume. Thus far, 680,842 shares of Expedia exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $74.73-$76.17 after having opened the day at $75.22 as compared to the previous trading day's close of $75.09.

Expedia, Inc., together with its subsidiaries, operates as an online travel company in the United States and internationally. Expedia has a market cap of $8.7 billion and is part of the leisure industry. Shares are up 7.8% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Expedia a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Expedia as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Expedia 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, MGM Resorts International ( MGM) is up $0.36 (1.5%) to $24.88 on average volume. Thus far, 3.9 million shares of MGM Resorts International exchanged hands as compared to its average daily volume of 9.2 million shares. The stock has ranged in price between $24.51-$25.04 after having opened the day at $24.53 as compared to the previous trading day's close of $24.52.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts. The company operates in two segments, Wholly Owned Domestic Resorts and MGM China. MGM Resorts International has a market cap of $12.0 billion and is part of the leisure industry. Shares are up 4.2% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts who rate MGM Resorts International a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates MGM Resorts International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full MGM Resorts International 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, Pandora Media ( P) is up $1.02 (4.0%) to $26.36 on average volume. Thus far, 4.7 million shares of Pandora Media exchanged hands as compared to its average daily volume of 11.2 million shares. The stock has ranged in price between $25.02-$26.50 after having opened the day at $25.28 as compared to the previous trading day's close of $25.34.

Pandora Media, Inc. provides Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access free music and comedy, as well as offers Pandora One, a paid subscription service to listeners. Pandora Media has a market cap of $5.3 billion and is part of the media industry. Shares are down 4.7% year-to-date as of the close of trading on Tuesday. Currently there are 17 analysts who rate Pandora Media a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Pandora Media as a sell. Among the areas we feel are negative, one of the most important has been generally deteriorating net income. Get the full Pandora Media 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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