3 Stocks Advancing The Diversified Services Industry

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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 6 points (0.0%) at 17,548 as of Friday, Nov. 7, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,802 issues advancing vs. 1,173 declining with 159 unchanged.

The Diversified Services industry currently sits up 0.2% versus the S&P 500, which is up 0.1%. Top gainers within the industry include Interval Leisure Group ( IILG), up 14.9%, 51job ( JOBS), up 6.6%, Zillow ( Z), up 3.8%, Thomson Reuters ( TRI), up 0.6% and McGraw Hill Financial ( MHFI), up 0.5%. On the negative front, top decliners within the industry include Financial Engines ( FNGN), down 25.3%, Performant Financial ( PFMT), down 19.2%, Advisory Board ( ABCO), down 15.2% and AerCap Holdings ( AER), down 1.4%.

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

3. WageWorks ( WAGE) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, WageWorks is up $4.84 (8.8%) to $60.09 on heavy volume. Thus far, 398,844 shares of WageWorks exchanged hands as compared to its average daily volume of 334,900 shares. The stock has ranged in price between $57.00-$62.24 after having opened the day at $57.00 as compared to the previous trading day's close of $55.25.

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

WageWorks, Inc. provides consumer-directed benefits programs (CDBs) to employees to save money on taxes in the United States. WageWorks has a market cap of $1.9 billion and is part of the services sector. Shares are down 7.0% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts who rate WageWorks a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates WageWorks as a hold. 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 impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including premium valuation and weak operating cash flow. Get the full WageWorks 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, Shutterstock ( SSTK) is up $2.99 (4.0%) to $77.90 on average volume. Thus far, 180,366 shares of Shutterstock exchanged hands as compared to its average daily volume of 251,900 shares. The stock has ranged in price between $73.49-$78.23 after having opened the day at $74.24 as compared to the previous trading day's close of $74.91.

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

Shutterstock, Inc. operates an online marketplace for commercial digital imagery. Shutterstock has a market cap of $2.7 billion and is part of the services sector. Shares are down 10.4% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts who rate Shutterstock a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Shutterstock 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 good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and premium valuation. Get the full Shutterstock 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, SBA Communications ( SBAC) is up $1.87 (1.7%) to $113.52 on light volume. Thus far, 357,662 shares of SBA Communications exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $111.64-$114.04 after having opened the day at $112.12 as compared to the previous trading day's close of $111.65.

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

SBA Communications Corporation owns and operates wireless communications tower structures, rooftops, and other structures that support antennas used for wireless communications in the United States and its territories, as well as in Canada, Central America, and South America. SBA Communications has a market cap of $14.2 billion and is part of the services sector. Shares are up 24.3% year-to-date as of the close of trading on Thursday. Currently there are 10 analysts who rate SBA Communications a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates SBA Communications as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and expanding profit margins. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. Get the full SBA Communications 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

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists