3 Stocks Boosting The Services Sector 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 Services sector currently sits up 0.6% versus the S&P 500, which is up 0.2%. Top gainers within the sector include Fastenal ( FAST), up 4.0%, Ctrip.com International ( CTRP), up 3.9%, Melco Crown Entertainment ( MPEL), up 3.2%, United Continental Holdings ( UAL), up 3.2% and Costco Wholesale ( COST), up 2.8%. On the negative front, top decliners within the sector include Burger King Worldwide ( BKW), down 2.3%, and Priceline Group ( PCLN), down 0.8%.

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

3. Target ( TGT) is one of the companies pushing the Services sector higher today. As of noon trading, Target is up $0.48 (0.8%) to $60.87 on average volume. Thus far, 2.0 million shares of Target exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $60.20-$61.03 after having opened the day at $60.38 as compared to the previous trading day's close of $60.39.

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

Target Corporation operates general merchandise stores in the United States and Canada. Target has a market cap of $38.1 billion and is part of the retail industry. Shares are down 4.5% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts who rate Target a buy, 4 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Target 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 and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Target 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, Lowe's Companies ( LOW) is up $0.40 (0.8%) to $53.31 on light volume. Thus far, 1.8 million shares of Lowe's Companies exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $52.95-$53.54 after having opened the day at $53.00 as compared to the previous trading day's close of $52.91.

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

Lowe's Companies, Inc. operates as a home improvement retailer. It offers products for maintenance, repair, remodeling, and home decorating. Lowe's Companies has a market cap of $52.5 billion and is part of the retail industry. Shares are up 6.8% year-to-date as of the close of trading on Wednesday. Currently there are 10 analysts who rate Lowe's Companies a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Lowe's Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, increase in net income, attractive valuation levels and good cash flow from operations. 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 Lowe's Companies 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, Amazon.com ( AMZN) is up $8.33 (2.5%) to $347.33 on average volume. Thus far, 2.3 million shares of Amazon.com exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $343.58-$349.38 after having opened the day at $343.69 as compared to the previous trading day's close of $339.00.

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

Amazon.com, Inc. operates as an online retailer in North America and internationally. The company operates in two segments, North America and International. Amazon.com has a market cap of $158.2 billion and is part of the retail industry. Shares are down 15.0% year-to-date as of the close of trading on Wednesday. Currently there are 19 analysts who rate Amazon.com a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Amazon.com as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and feeble growth in the company's earnings per share. Get the full Amazon.com 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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