3 Stocks Moving The Services Sector Upward

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 5 points (0.0%) at 16,932 as of Tuesday, June 24, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,934 issues advancing vs. 1,059 declining with 170 unchanged.

The Services sector currently sits up 0.5% versus the S&P 500, which is up 0.2%. Top gainers within the sector include Pandora Media ( P), up 3.4%, Melco Crown Entertainment ( MPEL), up 2.6%, MGM Resorts International ( MGM), up 2.2%, Advance Auto Parts ( AAP), up 2.0% and Liberty Global ( LBTYA), up 1.9%. On the negative front, top decliners within the sector include CarMax ( KMX), down 2.2%, Carnival ( CCL), down 1.5%, United Continental Holdings ( UAL), down 1.0% and Royal Philips ( PHG), down 0.9%.

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

3. Priceline Group ( PCLN) is one of the companies pushing the Services sector higher today. As of noon trading, Priceline Group is up $14.80 (1.2%) to $1,220.40 on light volume. Thus far, 334,740 shares of Priceline Group exchanged hands as compared to its average daily volume of 979,200 shares. The stock has ranged in price between $1,203.05-$1,221.87 after having opened the day at $1,207.00 as compared to the previous trading day's close of $1,205.60.

The Priceline Group Inc. operates as an online travel company. Priceline Group has a market cap of $63.1 billion and is part of the diversified services industry. Shares are up 3.7% year-to-date as of the close of trading on Monday. Currently there are 16 analysts who rate Priceline Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Priceline Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Priceline Group Ratings Report now.

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2. As of noon trading, Amazon.com ( AMZN) is up $2.41 (0.7%) to $329.65 on light volume. Thus far, 1.3 million shares of Amazon.com exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $325.27-$329.73 after having opened the day at $327.54 as compared to the previous trading day's close of $327.24.

Amazon.com, Inc. operates as an online retailer in North America and internationally. The company operates in two segments, North America and International. Amazon.com has a market cap of $149.2 billion and is part of the retail industry. Shares are down 17.9% year-to-date as of the close of trading on Monday. Currently there are 25 analysts who rate Amazon.com a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Amazon.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. Get the full Amazon.com Ratings Report now.

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1. As of noon trading, Netflix ( NFLX) is up $8.48 (1.9%) to $448.00 on average volume. Thus far, 1.6 million shares of Netflix exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $437.89-$449.94 after having opened the day at $438.05 as compared to the previous trading day's close of $439.52.

Netflix, Inc. operates as an Internet television network, is engaged in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally. Netflix has a market cap of $26.4 billion and is part of the media industry. Shares are up 19.4% year-to-date as of the close of trading on Monday. Currently there are 15 analysts who rate Netflix a buy, 4 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Netflix 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 Netflix 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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