3 Stocks Driving 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 17 points (-0.1%) at 17,039 as of Tuesday, July 15, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 915 issues advancing vs. 2,069 declining with 174 unchanged.

The Services sector currently sits down 0.6% versus the S&P 500, which is down 0.3%. Top gainers within the sector include Copa Holdings ( CPA), up 3.7%, Lions Gate Entertainment ( LGF), up 3.1%, Spirit Airlines ( SAVE), up 2.3%, JB Hunt Transport Services ( JBHT), up 1.8% and Delta Air Lines ( DAL), up 1.3%. On the negative front, top decliners within the sector include Aaron's ( AAN), down 7.6%, Michael Kors Holdings ( KORS), down 5.6%, New Oriental Education & Technology Group I ( EDU), down 3.8%, Golar LNG ( GLNG), down 2.7% and Luxottica Group SpA ( LUX), down 2.2%.

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

3. TJX Companies ( TJX) is one of the companies pushing the Services sector higher today. As of noon trading, TJX Companies is up $0.32 (0.6%) to $53.76 on average volume. Thus far, 2.1 million shares of TJX Companies exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $53.19-$53.84 after having opened the day at $53.28 as compared to the previous trading day's close of $53.45.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. The company operates in four segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe. TJX Companies has a market cap of $37.5 billion and is part of the retail industry. Shares are down 16.1% year-to-date as of the close of trading on Monday. Currently there are 11 analysts who rate TJX Companies a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates TJX Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full TJX Companies Ratings Report now.

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2. As of noon trading, Lowe's Companies ( LOW) is up $0.28 (0.6%) to $47.50 on average volume. Thus far, 3.3 million shares of Lowe's Companies exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $47.27-$47.73 after having opened the day at $47.35 as compared to the previous trading day's close of $47.22.

Lowe's Companies, Inc. operates as a home improvement retailer. It offers products for maintenance, repair, remodeling, and home decorating. Lowe's Companies has a market cap of $47.3 billion and is part of the retail industry. Shares are down 4.7% year-to-date as of the close of trading on Monday. Currently there are 10 analysts who rate Lowe's Companies a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Lowe's Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, reasonable valuation levels 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 Lowe's Companies 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, Target ( TGT) is up $0.32 (0.5%) to $60.50 on average volume. Thus far, 2.0 million shares of Target exchanged hands as compared to its average daily volume of 5.4 million shares. The stock has ranged in price between $60.23-$60.70 after having opened the day at $60.55 as compared to the previous trading day's close of $60.18.

Target Corporation operates general merchandise stores in the United States and Canada. Target has a market cap of $38.0 billion and is part of the retail industry. Shares are down 4.9% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who rate Target a buy, 4 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Target as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins. Get the full Target 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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