3 Stocks Pushing 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 68 points (-0.4%) at 17,105 as of Tuesday, Sept. 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,162 issues advancing vs. 1,797 declining with 186 unchanged.

The Services sector currently sits down 0.4% versus the S&P 500, which is down 0.2%. Top gainers within the sector include Rite Aid ( RAD), up 4.3%, Vipshop Holdings Ltd ADR ( VIPS), up 3.7%, Royal Philips ( PHG), up 3.6%, Alliance Data Systems ( ADS), up 1.5% and Grupo Televisa SAB ( TV), up 1.4%. On the negative front, top decliners within the sector include Ascena Retail Group ( ASNA), down 16.4%, Canadian National Railway ( CNI), down 1.9%, Charter Communications ( CHTR), down 1.8%, Omnicom Group ( OMC), down 1.7% and Time Warner Cable ( TWC), down 1.3%.

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

3. Magna International ( MGA) is one of the companies pushing the Services sector higher today. As of noon trading, Magna International is up $1.00 (1.0%) to $103.90 on average volume. Thus far, 251,651 shares of Magna International exchanged hands as compared to its average daily volume of 438,900 shares. The stock has ranged in price between $102.27-$103.99 after having opened the day at $102.74 as compared to the previous trading day's close of $102.90.

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

Magna International Inc. develops, manufactures, engineers, supplies, and sells automotive products. It operates through North America, Europe, Asia, and Rest of World segments. Magna International has a market cap of $22.2 billion and is part of the wholesale industry. Shares are up 25.4% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate Magna International a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Magna International 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, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Magna International 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, FedEx ( FDX) is up $0.86 (0.5%) to $158.72 on average volume. Thus far, 610,471 shares of FedEx exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $157.46-$159.00 after having opened the day at $157.59 as compared to the previous trading day's close of $157.86.

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

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. FedEx has a market cap of $44.8 billion and is part of the transportation industry. Shares are up 9.8% year-to-date as of the close of trading on Monday. Currently there are 10 analysts who rate FedEx a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates FedEx 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full FedEx 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, United Continental Holdings ( UAL) is up $0.86 (1.8%) to $48.65 on light volume. Thus far, 1.9 million shares of United Continental Holdings exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $47.00-$48.76 after having opened the day at $47.93 as compared to the previous trading day's close of $47.79.

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

United Continental Holdings, Inc., through its subsidiaries, provides passenger and cargo transportation services. The company transports people and cargo through its mainline operations, which use jet aircraft with 118 seats, and its regional operations. United Continental Holdings has a market cap of $18.4 billion and is part of the transportation industry. Shares are up 26.3% year-to-date as of the close of trading on Monday. Currently there are 10 analysts who rate United Continental Holdings a buy, 2 analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates United Continental Holdings as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity, good cash flow from operations and solid stock price performance. 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 United Continental 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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