3 Stocks Advancing 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 5 points (0.0%) at 17,085 as of Friday, Aug. 29, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,872 issues advancing vs. 1,050 declining with 205 unchanged.

The Services sector currently sits up 0.1% versus the S&P 500, which is up 0.2%. Top gainers within the sector include Team Health Holdings ( TMH), up 3.0%, Golar LNG ( GLNG), up 2.2%, Burger King Worldwide ( BKW), up 1.8%, Luxottica Group SpA ( LUX), up 1.8% and LKQ ( LKQ), up 1.6%. On the negative front, top decliners within the sector include Hertz Global Holdings ( HTZ), down 3.4%, Vipshop Holdings ( VIPS), down 3.0%, MGM Resorts International ( MGM), down 2.1%, Wynn Resorts ( WYNN), down 1.8% and Melco Crown Entertainment ( MPEL), down 1.6%.

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

3. L Brands ( LB) is one of the companies pushing the Services sector higher today. As of noon trading, L Brands is up $0.37 (0.6%) to $64.12 on light volume. Thus far, 272,943 shares of L Brands exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $63.71-$64.24 after having opened the day at $64.04 as compared to the previous trading day's close of $63.75.

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L Brands, Inc. operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products, and accessories. The company operates in two segments, Victoria's Secret and Bath & Body Works. L Brands has a market cap of $18.6 billion and is part of the retail industry. Shares are up 3.1% year-to-date as of the close of trading on Thursday. Currently there are 13 analysts who rate L Brands a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates L Brands as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and increase in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full L Brands 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.

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