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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 57 points (0.3%) at 16,611 as of Monday, Aug. 11, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,452 issues advancing vs. 535 declining with 124 unchanged.

The Services sector currently sits up 1.2% versus the S&P 500, which is up 0.6%. Top gainers within the sector include Mattress Firm ( MFRM), up 14.0%, Ctrip.com International ( CTRP), up 4.1%, Vipshop Holdings ( VIPS), up 3.5%, Sysco ( SYY), up 3.3% and Priceline Group ( PCLN), up 3.1%. On the negative front, top decliners within the sector include Copa Holdings ( CPA), down 3.2%, Melco Crown Entertainment ( MPEL), down 1.7% and L Brands ( LB), down 0.9%.

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

3. Time Warner ( TWX) is one of the companies pushing the Services sector higher today. As of noon trading, Time Warner is up $0.81 (1.1%) to $74.04 on average volume. Thus far, 3.9 million shares of Time Warner exchanged hands as compared to its average daily volume of 8.2 million shares. The stock has ranged in price between $73.45-$74.71 after having opened the day at $73.58 as compared to the previous trading day's close of $73.23.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. The company operates in four segments: Turner, Home Box Office, Warner Bros., and Time Inc. Time Warner has a market cap of $61.6 billion and is part of the media industry. Shares are up 5.0% year-to-date as of the close of trading on Friday. Currently there are 16 analysts who rate Time Warner a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Time Warner 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, notable return on equity, reasonable valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Time Warner 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, Comcast ( CMCSA) is up $0.44 (0.8%) to $53.94 on light volume. Thus far, 3.8 million shares of Comcast exchanged hands as compared to its average daily volume of 12.0 million shares. The stock has ranged in price between $53.54-$54.18 after having opened the day at $53.58 as compared to the previous trading day's close of $53.50.

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. Comcast has a market cap of $113.2 billion and is part of the media industry. Shares are up 1.4% year-to-date as of the close of trading on Friday. Currently there are 16 analysts who rate Comcast a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Comcast as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Comcast 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, CBS ( CBS) is up $0.67 (1.1%) to $59.90 on light volume. Thus far, 3.9 million shares of CBS exchanged hands as compared to its average daily volume of 14.5 million shares. The stock has ranged in price between $59.33-$60.40 after having opened the day at $59.74 as compared to the previous trading day's close of $59.23.

CBS Corporation operates as a mass media company in the United States and internationally. It operates through Entertainment, Cable Networks, Publishing, Local Broadcasting segments. CBS has a market cap of $30.1 billion and is part of the media industry. Shares are down 10.7% year-to-date as of the close of trading on Friday. Currently there are 17 analysts who rate CBS a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates CBS as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, reasonable 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 CBS 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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