3 Services Stocks Pushing Sector Growth

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 66 points (-0.4%) at 16,378 as of Thursday, Aug. 7, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,344 issues advancing vs. 1,660 declining with 123 unchanged.

The Services sector currently sits down 0.4% versus the S&P 500, which is down 0.5%. Top gainers within the sector include Ctrip.com International ( CTRP), up 9.7%, Delhaize Group ( DEG), up 4.1% and Walgreen ( WAG), up 0.7%. On the negative front, top decliners within the sector include Discovery Communications ( DISCA), down 49.9%, Copa Holdings ( CPA), down 11.9%, Scripps Networks Interactive ( SNI), down 5.0%, Melco Crown Entertainment ( MPEL), down 3.4% and Luxottica Group SpA ( LUX), down 3.0%.

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

3. Twenty-First Century Fox ( FOX) is one of the companies pushing the Services sector higher today. As of noon trading, Twenty-First Century Fox is up $1.52 (4.8%) to $33.19 on heavy volume. Thus far, 6.2 million shares of Twenty-First Century Fox exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $33.18-$34.11 after having opened the day at $33.68 as compared to the previous trading day's close of $31.67.

Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. Twenty-First Century Fox has a market cap of $24.8 billion and is part of the media industry. Shares are down 8.5% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates Twenty-First Century Fox a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Twenty-First Century Fox as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Twenty-First Century Fox Ratings Report now.

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2. As of noon trading, Twenty-First Century Fox ( FOXA) is up $1.74 (5.4%) to $34.07 on heavy volume. Thus far, 28.0 million shares of Twenty-First Century Fox exchanged hands as compared to its average daily volume of 14.8 million shares. The stock has ranged in price between $34.06-$34.92 after having opened the day at $34.51 as compared to the previous trading day's close of $32.33.

Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. Twenty-First Century Fox has a market cap of $44.7 billion and is part of the media industry. Shares are down 8.1% year-to-date as of the close of trading on Wednesday. Currently there are 13 analysts who rate Twenty-First Century Fox a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Twenty-First Century Fox as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Twenty-First Century Fox 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, Netflix ( NFLX) is up $11.82 (2.8%) to $442.12 on average volume. Thus far, 1.9 million shares of Netflix exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $434.55-$444.57 after having opened the day at $435.30 as compared to the previous trading day's close of $430.30.

Netflix, Inc. operates as an Internet television network, is engaged in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally. Netflix has a market cap of $25.4 billion and is part of the media industry. Shares are up 16.9% year-to-date as of the close of trading on Wednesday. Currently there are 15 analysts who rate Netflix a buy, 4 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Netflix as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Netflix 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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