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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 77 points (-0.5%) at 16,493 as of Tuesday, Aug. 5, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,020 issues advancing vs. 1,966 declining with 149 unchanged.

The Services sector currently sits down 0.1% versus the S&P 500, which is down 0.6%. Top gainers within the sector include Avis Budget Group ( CAR), up 4.4%, Michael Kors Holdings ( KORS), up 3.2%, Cardinal Health ( CAH), up 1.2% and AutoZone ( AZO), up 0.6%. On the negative front, top decliners within the sector include Bloomin Brands ( BLMN), down 22.3%, Caesars Entertainment ( CZR), down 10.6%, Cablevision Systems ( CVC), down 6.0%, Expeditors International of Washington ( EXPD), down 5.5% and Hain Celestial Group ( HAIN), down 4.1%.

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

3. Whole Foods Market ( WFM) is one of the companies pushing the Services sector higher today. As of noon trading, Whole Foods Market is up $1.05 (2.8%) to $39.00 on heavy volume. Thus far, 17.4 million shares of Whole Foods Market exchanged hands as compared to its average daily volume of 8.5 million shares. The stock has ranged in price between $37.75-$40.45 after having opened the day at $37.86 as compared to the previous trading day's close of $37.95.

Whole Foods Market, Inc. operates as a retailer of natural and organic foods. Whole Foods Market has a market cap of $13.9 billion and is part of the retail industry. Shares are down 34.4% year-to-date as of the close of trading on Monday. Currently there are 10 analysts who rate Whole Foods Market a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Whole Foods Market as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Whole Foods Market 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.

2. As of noon trading, Walgreen ( WAG) is up $0.51 (0.7%) to $72.62 on average volume. Thus far, 3.2 million shares of Walgreen exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $71.73-$72.76 after having opened the day at $71.81 as compared to the previous trading day's close of $72.11.

Walgreen Co., together with its subsidiaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, as well as through mail, and by telephone and online. Walgreen has a market cap of $67.5 billion and is part of the retail industry. Shares are up 25.5% year-to-date as of the close of trading on Monday. Currently there are 13 analysts who rate Walgreen a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Walgreen 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, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Walgreen 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, Home Depot ( HD) is up $0.61 (0.8%) to $80.64 on average volume. Thus far, 2.7 million shares of Home Depot exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $79.78-$80.86 after having opened the day at $79.78 as compared to the previous trading day's close of $80.03.

The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $109.1 billion and is part of the retail industry. Shares are down 2.8% year-to-date as of the close of trading on Monday. Currently there are 13 analysts who rate Home Depot a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, increase in net income and increase in stock price during the past year. 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 Home Depot 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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