3 Services Stocks Nudging The 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 73 points (-0.4%) at 16,976 as of Friday, Sept. 12, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 593 issues advancing vs. 2,443 declining with 112 unchanged.

The Services sector currently sits down 0.6% versus the S&P 500, which is down 0.6%. Top gainers within the sector include Ulta Salon Cosmetics & Fragrances ( ULTA), up 19.3%, XPO Logistics ( XPO), up 11.1%, Golar LNG ( GLNG), up 2.9%, eBay ( EBAY), up 2.3% and Alliance Data Systems ( ADS), up 2.2%. On the negative front, top decliners within the sector include CBS ( CBS), down 2.0%, Companhia Brasileira De Distribuicao ( CBD), down 1.9%, Wynn Resorts ( WYNN), down 1.6%, Wyndham Worldwide ( WYN), down 1.3% and Sysco ( SYY), down 1.3%.

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

3. Canadian National Railway ( CNI) is one of the companies pushing the Services sector higher today. As of noon trading, Canadian National Railway is up $0.37 (0.5%) to $73.03 on light volume. Thus far, 246,508 shares of Canadian National Railway exchanged hands as compared to its average daily volume of 829,900 shares. The stock has ranged in price between $72.47-$73.06 after having opened the day at $72.48 as compared to the previous trading day's close of $72.66.

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

Canadian National Railway Company, together with its subsidiaries, engages in rail and related transportation business in North America. Canadian National Railway has a market cap of $59.8 billion and is part of the transportation industry. Shares are up 27.4% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate Canadian National Railway a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Canadian National Railway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Canadian National Railway 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, Staples ( SPLS) is up $0.37 (3.0%) to $12.88 on average volume. Thus far, 5.7 million shares of Staples exchanged hands as compared to its average daily volume of 9.1 million shares. The stock has ranged in price between $12.51-$12.90 after having opened the day at $12.57 as compared to the previous trading day's close of $12.51.

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

Staples, Inc., together with its subsidiaries, operates office products superstores. It operates in three segments: North American Stores & Online, North American Commercial, and International Operations. Staples has a market cap of $8.0 billion and is part of the specialty retail industry. Shares are down 21.3% year-to-date as of the close of trading on Thursday. Currently there are no analysts who rate Staples a buy, 2 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Staples as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. Get the full Staples 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, Michael Kors Holdings ( KORS) is up $0.84 (1.1%) to $76.50 on average volume. Thus far, 1.5 million shares of Michael Kors Holdings exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $75.52-$76.73 after having opened the day at $75.99 as compared to the previous trading day's close of $75.66.

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

Michael Kors Holdings Limited is engaged in the design, marketing, distribution, and retailing of branded women's apparel and accessories, and men's apparel. The company operates in three segments: Retail, Wholesale, and Licensing. Michael Kors Holdings has a market cap of $15.5 billion and is part of the consumer non-durables industry. Shares are down 6.8% year-to-date as of the close of trading on Thursday. Currently there are 8 analysts who rate Michael Kors Holdings a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Michael Kors Holdings as a buy. 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, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Michael Kors Holdings 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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