3 Diversified Services Stocks Nudging The 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 27 points (-0.2%) at 16,879 as of Thursday, June 19, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,678 issues advancing vs. 1,278 declining with 191 unchanged.

The Diversified Services industry currently sits down 0.5% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Avis Budget Group ( CAR), up -0.2%, SBA Communications ( SBAC), up 0.4% and Hertz Global Holdings ( HTZ), up 0.2%. On the negative front, top decliners within the industry include Moody's Corporation ( MCO), down 0.1%, Fleetcor Technologies ( FLT), down 0.3%, Visa ( V), down 0.2% and Alliance Data Systems ( ADS), down 0.1%.

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

3. Air Lease ( AL) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, Air Lease is up $0.09 (0.2%) to $38.86 on light volume. Thus far, 27,010 shares of Air Lease exchanged hands as compared to its average daily volume of 954,500 shares. The stock has ranged in price between $38.68-$38.86 after having opened the day at $38.68 as compared to the previous trading day's close of $38.77.

Air Lease Corporation is engaged in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. Air Lease has a market cap of $3.9 billion and is part of the services sector. Shares are up 24.7% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate Air Lease a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Air Lease as a hold. The company's strengths can be seen in multiple areas, such as its robust 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 Air Lease 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, Verisk Analytics ( VRSK) is up $0.15 (0.2%) to $60.14 on light volume. Thus far, 23,115 shares of Verisk Analytics exchanged hands as compared to its average daily volume of 782,200 shares. The stock has ranged in price between $59.81-$62.96 after having opened the day at $62.96 as compared to the previous trading day's close of $59.99.

Verisk Analytics, Inc. provides proprietary data, analytic methods, and embedded decision support solutions for detecting fraud in property and casualty (P&C) insurance, financial, and healthcare industries in the United States. Verisk Analytics has a market cap of $10.0 billion and is part of the services sector. Shares are down 8.7% year-to-date as of the close of trading on Wednesday. Currently there are 10 analysts who rate Verisk Analytics a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Verisk Analytics as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, good cash flow from operations and expanding profit margins. 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 Verisk Analytics 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, Mercadolibre ( MELI) is up $0.36 (0.4%) to $89.21 on light volume. Thus far, 6,985 shares of Mercadolibre exchanged hands as compared to its average daily volume of 775,600 shares. The stock has ranged in price between $88.20-$89.30 after having opened the day at $88.20 as compared to the previous trading day's close of $88.85.

MercadoLibre, Inc. hosts online commerce platforms in Latin America. It offers MercadoLibre Marketplace, an automated online e-commerce service for businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. Mercadolibre has a market cap of $3.9 billion and is part of the services sector. Shares are down 17.6% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts who rate Mercadolibre a buy, 2 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Mercadolibre as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. Get the full Mercadolibre 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).

null

More from Markets

Canopy Growth Lets Down Eager Pot Investors; PayPal Keeps Dominating -- ICYMI

Canopy Growth Lets Down Eager Pot Investors; PayPal Keeps Dominating -- ICYMI

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers