3 Stocks Driving 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 36 points (0.2%) at 17,520 as of Thursday, Nov. 6, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,530 issues advancing vs. 1,416 declining with 183 unchanged.

The Diversified Services industry currently sits up 0.1% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Hertz Global Holdings ( HTZ), up 2.3%, Amerco ( UHAL), up 2.3%, Genpact ( G), up 1.8%, Verisk Analytics ( VRSK), up 1.7% and KBR ( KBR), up 1.7%. On the negative front, top decliners within the industry include TeleTech Holdings ( TTEC), down 7.3%, InnerWorkings ( INWK), down 7.3% and Stantec ( STN), down 1.6%.

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

3. H&R Block ( HRB) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, H&R Block is up $0.22 (0.7%) to $32.47 on light volume. Thus far, 212,500 shares of H&R Block exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $32.23-$32.48 after having opened the day at $32.32 as compared to the previous trading day's close of $32.25.

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

H&R Block, Inc., through its subsidiaries, provides tax preparation and related services to the general public primarily in the United States, Canada, and Australia. H&R Block has a market cap of $8.8 billion and is part of the services sector. Shares are up 11.1% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts who rate H&R Block a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates H&R Block as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full H&R Block 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, Ulta Salon Cosmetics & Fragrances ( ULTA) is up $1.59 (1.3%) to $120.25 on light volume. Thus far, 295,106 shares of Ulta Salon Cosmetics & Fragrances exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $118.25-$120.32 after having opened the day at $119.21 as compared to the previous trading day's close of $118.66.

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

ULTA Salon, Cosmetics & Fragrance, Inc. operates specialty retail stores in the United States. Its stores offer an assortment of branded and private label beauty products in cosmetics, fragrance, haircare, skincare, bath and body products, and salon styling tools. Ulta Salon Cosmetics & Fragrances has a market cap of $7.7 billion and is part of the services sector. Shares are up 22.9% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate Ulta Salon Cosmetics & Fragrances a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Ulta Salon Cosmetics & Fragrances 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 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 Ulta Salon Cosmetics & Fragrances 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, Tyco International ( TYC) is up $0.22 (0.5%) to $43.36 on light volume. Thus far, 517,882 shares of Tyco International exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $43.08-$43.48 after having opened the day at $43.16 as compared to the previous trading day's close of $43.13.

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

Tyco International Ltd. provides security, fire detection, suppression, and life safety products and services worldwide. Tyco International has a market cap of $19.1 billion and is part of the services sector. Shares are up 5.1% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who rate Tyco International a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Tyco 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, compelling growth 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 Tyco 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.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).

null

More from Markets

Billionaire Investor Tim Draper Explains Why Bitcoin Will Hit $250,000 in 2022

Billionaire Investor Tim Draper Explains Why Bitcoin Will Hit $250,000 in 2022

To Think a Trade War's Still Just a Threat Is the Dumbest Thing on Wall Street

To Think a Trade War's Still Just a Threat Is the Dumbest Thing on Wall Street

M&A Trends Still on Investors' Minds Despite Worries Over Tariffs -- ICYMI

M&A Trends Still on Investors' Minds Despite Worries Over Tariffs -- ICYMI

Dow Falls as U.S. Imposes Tariffs on $50 Billion of Chinese Goods

Dow Falls as U.S. Imposes Tariffs on $50 Billion of Chinese Goods

General Motors Spikes on Report It's Considering Listing Shares of Cruise Unit

General Motors Spikes on Report It's Considering Listing Shares of Cruise Unit