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 29 points (-0.2%) at 16,918 as of Monday, June 23, 2014, 1:00 PM ET. The NYSE advances/declines ratio sits at 1,480 issues advancing vs. 1,509 declining with 147 unchanged.

The Diversified Services industry currently sits down 0.2% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Mercadolibre ( MELI), up 1.1%, Zillow ( Z), up 1.1% and Western Union ( WU), up 0.7%. On the negative front, top decliners within the industry include Euronet Worldwide ( EEFT), down 2.6%, DeVry Education Group ( DV), down 2.2%, Qiagen ( QGEN), down 2.1%, Cintas ( CTAS), down 1.5% and ManpowerGroup ( MAN), down 1.1%.

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

3. YY ( YY) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, YY is up $1.13 (1.6%) to $72.25 on light volume. Thus far, 549,581 shares of YY exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $70.21-$72.61 after having opened the day at $70.99 as compared to the previous trading day's close of $71.12.

YY Inc., through its subsidiaries, operates an online social platform in the People's Republic of China. YY has a market cap of $4.0 billion and is part of the technology sector. Shares are up 41.5% year-to-date as of the close of trading on Friday. Currently there are 5 analysts who rate YY a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates YY as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, robust revenue growth and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including premium valuation and generally higher debt management risk. Get the full YY 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, Alliance Data Systems ( ADS) is up $4.70 (1.7%) to $280.10 on light volume. Thus far, 307,048 shares of Alliance Data Systems exchanged hands as compared to its average daily volume of 935,200 shares. The stock has ranged in price between $275.12-$280.42 after having opened the day at $275.12 as compared to the previous trading day's close of $275.40.

Alliance Data Systems Corporation provides marketing and loyalty solutions in the United States, Canada, and other countries. Alliance Data Systems has a market cap of $14.7 billion and is part of the services sector. Shares are up 4.7% year-to-date as of the close of trading on Friday. Currently there are 13 analysts who rate Alliance Data Systems a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Alliance Data Systems as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and solid stock price performance. 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 Alliance Data Systems 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, MasterCard ( MA) is up $0.39 (0.5%) to $74.20 on average volume. Thus far, 2.5 million shares of MasterCard exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $73.20-$74.30 after having opened the day at $73.59 as compared to the previous trading day's close of $73.81.

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 $83.5 billion and is part of the financial sector. Shares are down 11.7% year-to-date as of the close of trading on Friday. Currently there are 17 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.

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

PTC Shares Skyrocket on Positive Data for Spinal Muscular Atrophy Drug

PTC Shares Skyrocket on Positive Data for Spinal Muscular Atrophy Drug

Tesla Slumps After Mary McCormack Tweets Husband's Flaming Model S

Tesla Slumps After Mary McCormack Tweets Husband's Flaming Model S

Stocks Dive Globally as U.S.-China Trade War Intensifies

Stocks Dive Globally as U.S.-China Trade War Intensifies

China Trade War, Google, JD.com, Tesla, Brooks Koepka - 5 Things You Must Know

China Trade War, Google, JD.com, Tesla, Brooks Koepka - 5 Things You Must Know

Google Invests $550 Million in JD.com and 4 Other Stories to Watch Monday

Google Invests $550 Million in JD.com and 4 Other Stories to Watch Monday