Today's Stocks Driving Success For 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 30 points (0.2%) at 16,949 as of Wednesday, Aug. 20, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,346 issues advancing vs. 1,589 declining with 185 unchanged.

The Services sector currently sits down 0.2% versus the S&P 500, which is up 0.1%. Top gainers within the sector include Hain Celestial Group ( HAIN), up 10.8%, American Eagle Outfitters ( AEO), up 8.3%, Ulta Salon Cosmetics & Fragrances ( ULTA), up 3.3%, Michael Kors Holdings ( KORS), up 2.7% and Jacobs Engineering Group ( JEC), up 2.6%. On the negative front, top decliners within the sector include Hertz Global Holdings ( HTZ), down 9.1%, Luxottica Group SpA ( LUX), down 4.1% and Chipotle Mexican Grill ( CMG), down 0.7%.

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

3. Delta Air Lines ( DAL) is one of the companies pushing the Services sector higher today. As of noon trading, Delta Air Lines is up $0.88 (2.2%) to $40.42 on light volume. Thus far, 4.6 million shares of Delta Air Lines exchanged hands as compared to its average daily volume of 12.9 million shares. The stock has ranged in price between $39.60-$40.42 after having opened the day at $39.62 as compared to the previous trading day's close of $39.54.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo worldwide. Its route network comprises various gateway airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Delta Air Lines has a market cap of $33.3 billion and is part of the transportation industry. Shares are up 43.9% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts who rate Delta Air Lines a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Delta Air Lines as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, attractive valuation levels, solid stock price performance, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Delta Air Lines Ratings Report now.

STOCKS TO BUY: 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, Home Depot ( HD) is up $1.97 (2.2%) to $90.20 on heavy volume. Thus far, 6.0 million shares of Home Depot exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $88.08-$90.25 after having opened the day at $88.17 as compared to the previous trading day's close of $88.23.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $114.3 billion and is part of the retail industry. Shares are up 7.2% year-to-date as of the close of trading on Tuesday. 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.

STOCKS TO BUY: 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 $3.99 (0.8%) to $472.14 on average volume. Thus far, 1.1 million shares of Netflix exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $464.54-$473.75 after having opened the day at $467.00 as compared to the previous trading day's close of $468.15.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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 $28.0 billion and is part of the media industry. Shares are up 27.2% year-to-date as of the close of trading on Tuesday. Currently there are 16 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.

STOCKS TO BUY: 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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