3 Stocks Moving The Services Sector Upward

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 28 points (-0.2%) at 17,094 as of Thursday, Aug. 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,204 issues advancing vs. 1,745 declining with 194 unchanged.

The Services sector currently sits down 0.5% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Burger King Worldwide ( BKW), up 4.4%, Dollar General ( DG), up 1.5%, Canadian National Railway ( CNI), up 1.0%, Liberty Global ( LBTYK), up 0.7% and McKesson ( MCK), up 0.6%. On the negative front, top decliners within the sector include Liberty Ventures Class A ( LVNTA), down 50.2%, Williams-Sonoma ( WSM), down 11.0%, Guess ( GES), down 9.0%, Genesco ( GCO), down 7.4% and Whole Foods Market ( WFM), down 2.1%.

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

3. Signet Jewelers ( SIG) is one of the companies pushing the Services sector higher today. As of noon trading, Signet Jewelers is up $7.58 (7.0%) to $115.60 on heavy volume. Thus far, 2.3 million shares of Signet Jewelers exchanged hands as compared to its average daily volume of 636,600 shares. The stock has ranged in price between $113.83-$117.42 after having opened the day at $116.50 as compared to the previous trading day's close of $108.03.

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

Signet Jewelers Limited is engaged in the retail sale of jewelry and watches in the United States, the United Kingdom, the Republic of Ireland, and the Channel Islands. The company operates through US and UK divisions. Signet Jewelers has a market cap of $8.7 billion and is part of the specialty retail industry. Shares are up 37.3% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts who rate Signet Jewelers a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Signet Jewelers 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, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Signet Jewelers 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, Cardinal Health ( CAH) is up $0.69 (0.9%) to $73.36 on light volume. Thus far, 624,181 shares of Cardinal Health exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $72.45-$73.49 after having opened the day at $72.54 as compared to the previous trading day's close of $72.67.

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

Cardinal Health, Inc., a healthcare services company, provides pharmaceutical and medical products and services in the United States and internationally. The company operates in two segments, Pharmaceutical and Medical. Cardinal Health has a market cap of $24.7 billion and is part of the wholesale industry. Shares are up 8.8% year-to-date as of the close of trading on Wednesday. Currently there are 12 analysts who rate Cardinal Health a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Cardinal Health as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Cardinal Health 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, McDonald's ( MCD) is up $0.71 (0.8%) to $94.55 on average volume. Thus far, 3.5 million shares of McDonald's exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $93.51-$94.76 after having opened the day at $93.65 as compared to the previous trading day's close of $93.84.

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

McDonald's Corporation franchises and operates McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company's restaurants offer various food items, soft drinks, coffee, and other beverages, as well as breakfast menus. McDonald's has a market cap of $92.4 billion and is part of the leisure industry. Shares are down 2.5% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts who rate McDonald's a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates McDonald's 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, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full McDonald's 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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