3 Stocks Driving The Diversified Services Industry 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 12 points (-0.1%) at 16,797 as of Wednesday, June 18, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,344 issues advancing vs. 1,611 declining with 185 unchanged.

The Diversified Services industry currently is unchanged today versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include AthenaHealth ( ATHN), down 2.8%, Zillow ( Z), down 2.7%, ADT ( ADT), down 1.5%, Alliance Data Systems ( ADS), down 1.1% and Visa ( V), down 0.6%.

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

3. Avis Budget Group ( CAR) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, Avis Budget Group is up $1.08 (1.9%) to $58.48 on light volume. Thus far, 605,083 shares of Avis Budget Group exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $57.25-$58.82 after having opened the day at $57.39 as compared to the previous trading day's close of $57.40.

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. The company has three segments: North America, International, and Truck Rental. Avis Budget Group has a market cap of $6.0 billion and is part of the services sector. Shares are up 42.0% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Avis Budget Group a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Avis Budget Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity. Get the full Avis Budget Group Ratings Report now.

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2. As of noon trading, United Rentals ( URI) is up $1.12 (1.1%) to $103.88 on average volume. Thus far, 701,088 shares of United Rentals exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $102.50-$104.21 after having opened the day at $103.13 as compared to the previous trading day's close of $102.75.

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench Safety, Power and HVAC (heating, ventilating and air conditioning). United Rentals has a market cap of $10.2 billion and is part of the services sector. Shares are up 31.8% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts who rate United Rentals a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates United Rentals 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, compelling growth in net income and good cash flow from operations. 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 United Rentals 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, Hertz Global Holdings ( HTZ) is up $1.39 (5.1%) to $28.42 on heavy volume. Thus far, 11.8 million shares of Hertz Global Holdings exchanged hands as compared to its average daily volume of 7.5 million shares. The stock has ranged in price between $27.02-$28.42 after having opened the day at $27.03 as compared to the previous trading day's close of $27.03.

Hertz Global Holdings, Inc., through its subsidiaries, is engaged in the car and equipment rental businesses worldwide. It operates through four segments: U.S. Car Rental, International Car Rental, Worldwide Equipment Rental, and All Other Operations. Hertz Global Holdings has a market cap of $12.0 billion and is part of the services sector. Shares are down 5.6% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Hertz Global Holdings a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Hertz Global Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, good cash flow from operations, expanding profit margins 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 Hertz Global Holdings 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 diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).

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