3 Stocks Raising 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 37 points (-0.2%) at 16,809 as of Friday, June 27, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,843 issues advancing vs. 1,114 declining with 177 unchanged.

The Services sector currently sits up 0.3% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Vipshop Holdings ( VIPS), up 3.6%, Trinity Industries ( TRN), up 2.7%, Foot Locker ( FL), up 2.7%, Mercadolibre ( MELI), up 2.5% and Shaw Communications ( SJR), up 2.2%. On the negative front, top decliners within the sector include Dollar General ( DG), down 7.2%, Family Dollar Stores ( FDO), down 3.6%, Ctrip.com International ( CTRP), down 1.8%, CoStar Group ( CSGP), down 1.7% and Tractor Supply ( TSCO), down 1.5%.

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

3. Charter Communications ( CHTR) is one of the companies pushing the Services sector higher today. As of noon trading, Charter Communications is up $3.46 (2.3%) to $155.46 on light volume. Thus far, 422,537 shares of Charter Communications exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $151.97-$155.61 after having opened the day at $152.57 as compared to the previous trading day's close of $152.00.

Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States. Charter Communications has a market cap of $16.4 billion and is part of the media industry. Shares are up 11.1% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who rate Charter Communications a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Charter Communications as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins. Get the full Charter Communications Ratings Report now.

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2. As of noon trading, Macy's ( M) is up $0.31 (0.5%) to $58.38 on light volume. Thus far, 777,179 shares of Macy's exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $57.92-$58.61 after having opened the day at $58.02 as compared to the previous trading day's close of $58.07.

Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. Macy's has a market cap of $20.9 billion and is part of the retail industry. Shares are up 8.8% year-to-date as of the close of trading on Thursday. Currently there are 10 analysts who rate Macy's a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Macy's as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, increase in net income, notable return on equity 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 Macy's 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, Time Warner Cable ( TWC) is up $0.82 (0.6%) to $147.42 on light volume. Thus far, 407,088 shares of Time Warner Cable exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $145.86-$147.73 after having opened the day at $145.86 as compared to the previous trading day's close of $146.60.

Time Warner Cable Inc., together with its subsidiaries, offers video, high-speed data, and voice services in the United States. Time Warner Cable has a market cap of $40.5 billion and is part of the media industry. Shares are up 8.2% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate Time Warner Cable a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Time Warner Cable as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth, growth in earnings per share 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 Time Warner Cable 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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