3 Stocks Advancing The Services Sector

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 up today with the Dow Jones Industrial Average ( ^DJI) trading down 16 points (-0.1%) at 16,836 as of Monday, June 30, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,605 issues advancing vs. 1,347 declining with 197 unchanged.

The Services sector currently sits up 0.3% versus the S&P 500, which is unchanged. Top gainers within the sector include eLong ( LONG), up 22.1%, Ctrip.com International ( CTRP), up 5.2%, Royal Philips ( PHG), up 4.0%, Zillow ( Z), up 3.3% and Hain Celestial Group ( HAIN), up 3.2%. On the negative front, top decliners within the sector include PetSmart ( PETM), down 1.6%, Grupo Televisa SAB ( TV), down 1.3%, LATAM Airlines Group ( LFL), down 1.2%, Sysco ( SYY), down 0.9% and Fleetcor Technologies ( FLT), down 0.9%.

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

3. MasterCard ( MA) is one of the companies pushing the Services sector higher today. As of noon trading, MasterCard is up $0.39 (0.5%) to $73.79 on average volume. Thus far, 2.0 million shares of MasterCard exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $73.06-$73.88 after having opened the day at $73.30 as compared to the previous trading day's close of $73.40.

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 $81.8 billion and is part of the financial services industry. Shares are down 12.1% 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.

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