3 Stocks Pushing The Diversified Services Industry Higher

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 37 points (0.2%) at 17,115 as of Thursday, Sept. 4, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,639 issues advancing vs. 1,333 declining with 167 unchanged.

The Diversified Services industry currently sits up 0.6% versus the S&P 500, which is up 0.2%. Top gainers within the industry include ABM Industries ( ABM), up 6.6%, YY ( YY), up 4.1%, McGraw Hill Financial ( MHFI), up 1.5%, ManpowerGroup ( MAN), up 1.3% and Fiserv ( FISV), up 0.6%. On the negative front, top decliners within the industry include CoStar Group ( CSGP), down 1.2%, Priceline Group ( PCLN), down 0.8% and Fleetcor Technologies ( FLT), down 0.6%.

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

3. SBA Communications ( SBAC) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, SBA Communications is up $0.80 (0.7%) to $111.80 on average volume. Thus far, 515,449 shares of SBA Communications exchanged hands as compared to its average daily volume of 976,400 shares. The stock has ranged in price between $110.75-$112.16 after having opened the day at $110.81 as compared to the previous trading day's close of $111.00.

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

SBA Communications Corporation owns and operates wireless communications tower structures, rooftops, and other structures that support antennas used for wireless communications in the United States and its territories, as well as in Canada, Central America, and South America. SBA Communications has a market cap of $14.3 billion and is part of the services sector. Shares are up 23.6% year-to-date as of the close of trading on Wednesday. Currently there are 11 analysts who rate SBA Communications a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates SBA Communications as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and robust revenue growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full SBA Communications 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 liked this article you might like

SBA Communications May be a Buy After a Test of Support

SBA Communications, Quintiles IMS Holdings to Be Added to S&P 500

Cramer: These Sectors Look Bullish (Part III)

Cramer: There Are Powerful Themes in Several Bull Markets