Today's Stocks Driving Success For The Diversified Services Industry

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 34 points (0.2%) at 16,464 as of Wednesday, Aug. 6, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,014 issues advancing vs. 970 declining with 140 unchanged.

The Diversified Services industry currently sits up 0.5% versus the S&P 500, which is up 0.4%. Top gainers within the industry include GEO Group ( GEO), up 4.7%, Fiserv ( FISV), up 1.0% and Priceline Group ( PCLN), up 1.0%. On the negative front, top decliners within the industry include Lionbridge Technologies ( LIOX), down 13.9%, American Public Education ( APEI), down 10.3% and Qiagen ( QGEN), down 2.3%.

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

3. Avis Budget Group ( CAR) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, Avis Budget Group is up $0.98 (1.6%) to $60.60 on average volume. Thus far, 520,954 shares of Avis Budget Group exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $58.88-$60.97 after having opened the day at $59.32 as compared to the previous trading day's close of $59.62.

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. The company has three segments: North America, International, and Truck Rental. Avis Budget Group has a market cap of $6.1 billion and is part of the services sector. Shares are up 43.8% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Avis Budget Group a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Avis Budget Group as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Avis Budget Group 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, SBA Communications ( SBAC) is up $3.14 (3.0%) to $107.90 on heavy volume. Thus far, 994,279 shares of SBA Communications exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $105.05-$108.29 after having opened the day at $105.18 as compared to the previous trading day's close of $104.76.

SBA Communications Corporation owns and operates wireless communications tower structures, rooftops, and other structures that support antennas used for wireless communications in the United States and its territories, as well as in Canada, Central America, and South America. SBA Communications has a market cap of $13.5 billion and is part of the services sector. Shares are up 16.6% year-to-date as of the close of trading on Tuesday. Currently there are 12 analysts who rate SBA Communications a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates SBA Communications as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full SBA Communications 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, Alliance Data Systems ( ADS) is up $1.49 (0.6%) to $260.24 on light volume. Thus far, 141,886 shares of Alliance Data Systems exchanged hands as compared to its average daily volume of 542,900 shares. The stock has ranged in price between $255.95-$261.25 after having opened the day at $257.27 as compared to the previous trading day's close of $258.75.

Alliance Data Systems Corporation provides marketing and loyalty solutions in the United States, Canada, and other countries. Alliance Data Systems has a market cap of $14.2 billion and is part of the services sector. Shares are down 0.5% year-to-date as of the close of trading on Tuesday. Currently there are 12 analysts who rate Alliance Data Systems a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Alliance Data Systems as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. 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 Alliance Data Systems 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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