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 down 17 points (-0.1%) at 16,759 as of Monday, June 16, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,419 issues advancing vs. 1,541 declining with 179 unchanged.

The Services sector currently is unchanged today versus the S&P 500, which is unchanged. Top gainers within the sector include Lithia Motors ( LAD), up 13.9%, Altisource Portfolio Solutions ( ASPS), up 7.0%, GasLog ( GLOG), up 6.6%, Myriad Genetics ( MYGN), up 5.0% and Grupo Aeroportuario del Pacifico SAB de CV ( PAC), up 2.9%. On the negative front, top decliners within the sector include Dreamworks Animation SKG ( DWA), down 11.7%, Michael Kors Holdings ( KORS), down 2.9%, Cencosud ( CNCO), down 2.1%, Delta Air Lines ( DAL), down 2.0% and United Continental Holdings ( UAL), down 1.6%.

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 $0.35 (0.6%) to $57.58 on light volume. Thus far, 1.8 million shares of Target exchanged hands as compared to its average daily volume of 5.4 million shares. The stock has ranged in price between $57.06-$57.59 after having opened the day at $57.24 as compared to the previous trading day's close of $57.23.

Target Corporation operates general merchandise stores in the United States and Canada. Target has a market cap of $36.2 billion and is part of the retail industry. Shares are down 9.6% year-to-date as of the close of trading on Friday. 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 hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins. Get the full Target 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, Time Warner ( TWX) is up $0.41 (0.6%) to $68.25 on light volume. Thus far, 1.7 million shares of Time Warner exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $67.60-$68.38 after having opened the day at $67.78 as compared to the previous trading day's close of $67.84.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. The company operates in four segments: Turner, Home Box Office, Warner Bros., and Time Inc. Time Warner has a market cap of $60.8 billion and is part of the media industry. Shares are down 2.7% year-to-date as of the close of trading on Friday. Currently there are 13 analysts who rate Time Warner a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Time Warner as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Time Warner 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, Home Depot ( HD) is up $0.71 (0.9%) to $78.78 on light volume. Thus far, 2.2 million shares of Home Depot exchanged hands as compared to its average daily volume of 6.4 million shares. The stock has ranged in price between $77.96-$79.09 after having opened the day at $77.96 as compared to the previous trading day's close of $78.07.

The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $109.1 billion and is part of the retail industry. Shares are down 5.2% year-to-date as of the close of trading on Friday. Currently there are 13 analysts who rate Home Depot a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Home Depot 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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