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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 80 points (-0.5%) at 17,033 as of Monday, Sept. 29, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 959 issues advancing vs. 2,053 declining with 145 unchanged.

The Services sector currently sits down 0.3% versus the S&P 500, which is down 0.5%. On the negative front, top decliners within the sector include Rite Aid ( RAD), down 4.7%, Ctrip.com International ( CTRP), down 4.0%, Companhia Brasileira De Distribuicao ( CBD), down 4.0%, Cencosud ( CNCO), down 3.4% and Melco Crown Entertainment ( MPEL), down 2.2%.

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

3. Lions Gate Entertainment ( LGF) is one of the companies pushing the Services sector higher today. As of noon trading, Lions Gate Entertainment is up $1.26 (4.0%) to $32.46 on heavy volume. Thus far, 999,775 shares of Lions Gate Entertainment exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $31.62-$32.61 after having opened the day at $32.00 as compared to the previous trading day's close of $31.20.

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

Lions Gate Entertainment Corp., an entertainment company, is engaged in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms, and international distribution and sales activities. Lions Gate Entertainment has a market cap of $4.3 billion and is part of the media industry. Shares are down 1.4% year-to-date as of the close of trading on Friday. Currently there are 9 analysts who rate Lions Gate Entertainment a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Lions Gate Entertainment as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations, expanding profit margins, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Lions Gate Entertainment 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, Canadian Pacific Railway ( CP) is up $2.14 (1.1%) to $204.42 on average volume. Thus far, 237,622 shares of Canadian Pacific Railway exchanged hands as compared to its average daily volume of 625,800 shares. The stock has ranged in price between $199.80-$204.79 after having opened the day at $201.09 as compared to the previous trading day's close of $202.28.

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

Canadian Pacific Railway Limited, through its subsidiaries, operates a transcontinental railway in Canada and the United States. The company provides logistics and supply chain expertise services. Canadian Pacific Railway has a market cap of $34.4 billion and is part of the transportation industry. Shares are up 33.7% year-to-date as of the close of trading on Friday. Currently there are 9 analysts who rate Canadian Pacific Railway a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Canadian Pacific Railway 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, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Canadian Pacific 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.

1. As of noon trading, FedEx ( FDX) is up $1.94 (1.2%) to $161.72 on heavy volume. Thus far, 1.1 million shares of FedEx exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $158.53-$162.33 after having opened the day at $158.84 as compared to the previous trading day's close of $159.78.

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 $44.5 billion and is part of the transportation industry. Shares are up 11.1% year-to-date as of the close of trading on Friday. 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.

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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