3 Stocks Moving The Diversified Services Industry 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 96 points (-0.6%) at 16,467 as of Friday, Aug. 1, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 828 issues advancing vs. 2,201 declining with 119 unchanged.

The Diversified Services industry currently sits down 0.9% versus the S&P 500, which is down 0.6%. On the negative front, top decliners within the industry include Altisource Portfolio Solutions ( ASPS), down 4.9%, Financial Engines ( FNGN), down 4.1%, AthenaHealth ( ATHN), down 3.6%, New Oriental Education & Technology Group I ( EDU), down 2.6% and Fleetcor Technologies ( FLT), down 2.5%.

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

3. Graham Holdings ( GHC) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, Graham Holdings is up $12.39 (1.8%) to $698.14 on average volume. Thus far, 9,405 shares of Graham Holdings exchanged hands as compared to its average daily volume of 19,000 shares. The stock has ranged in price between $683.10-$698.14 after having opened the day at $683.10 as compared to the previous trading day's close of $685.75.

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company worldwide. It operates in three segments: Kaplan Higher Education (KHE), Kaplan Test Preparation (KTP), and Kaplan International. Graham Holdings has a market cap of $4.3 billion and is part of the services sector. Shares are up 3.4% year-to-date as of the close of trading on Thursday.

TheStreet Ratings rates Graham Holdings 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Graham Holdings Ratings Report now.

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2. As of noon trading, WageWorks ( WAGE) is up $2.81 (6.7%) to $44.55 on heavy volume. Thus far, 292,630 shares of WageWorks exchanged hands as compared to its average daily volume of 376,000 shares. The stock has ranged in price between $41.99-$44.71 after having opened the day at $41.99 as compared to the previous trading day's close of $41.74.

WageWorks, Inc. provides consumer-directed benefits programs (CDBs) to employees to save money on taxes in the United States. WageWorks has a market cap of $1.5 billion and is part of the services sector. Shares are down 29.8% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who rate WageWorks a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates WageWorks as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including premium valuation and weak operating cash flow. Get the full WageWorks 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, Myriad Genetics ( MYGN) is up $0.51 (1.4%) to $36.61 on light volume. Thus far, 357,234 shares of Myriad Genetics exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $35.80-$37.70 after having opened the day at $35.94 as compared to the previous trading day's close of $36.10.

Myriad Genetics, Inc., a molecular diagnostic company, focuses on the development and marketing of predictive medicine, personalized medicine, and prognostic medicine tests primarily in the United States. Myriad Genetics has a market cap of $2.7 billion and is part of the services sector. Shares are up 72.1% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts who rate Myriad Genetics a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Myriad Genetics 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, notable return on equity, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Myriad Genetics 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).

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