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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 17,605 as of Wednesday, Nov. 12, 2014, 12:20 PM ET. The NYSE advances/declines ratio sits at 1,473 issues advancing vs. 1,490 declining with 167 unchanged.

The Diversified Services industry currently sits up 0.1% versus the S&P 500, which is down 0.1%. Top gainers within the industry include AECOM Technology ( ACM), up 5.2%, Healthcare Services Group ( HCSG), up 3.1%, Maximus ( MMS), up 1.7%, Robert Half International ( RHI), up 1.2% and Western Union ( WU), up 0.4%. On the negative front, top decliners within the industry include Altisource Portfolio Solutions ( ASPS), down 20.9%, and YY Inc ADR ( YY), down 1.1%.

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

3. Mercadolibre ( MELI) is one of the companies pushing the Diversified Services industry higher today. As of noon trading, Mercadolibre is up $1.05 (0.8%) to $135.98 on light volume. Thus far, 107,863 shares of Mercadolibre exchanged hands as compared to its average daily volume of 631,600 shares. The stock has ranged in price between $134.22-$136.50 after having opened the day at $135.03 as compared to the previous trading day's close of $134.93.

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

MercadoLibre, Inc. hosts online commerce platforms in Latin America. It offers MercadoLibre Marketplace, an automated online e-commerce service for businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. Mercadolibre has a market cap of $6.0 billion and is part of the services sector. Shares are up 25.2% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Mercadolibre a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Mercadolibre as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, robust revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Mercadolibre 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, McGraw Hill Financial ( MHFI) is up $0.83 (0.9%) to $90.24 on light volume. Thus far, 439,431 shares of McGraw Hill Financial exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $89.16-$90.29 after having opened the day at $89.18 as compared to the previous trading day's close of $89.41.

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

McGraw Hill Financial, Inc., a financial intelligence company, provides credit ratings, benchmarks, and analytics to capital and commodity markets worldwide. McGraw Hill Financial has a market cap of $24.6 billion and is part of the services sector. Shares are up 14.3% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts who rate McGraw Hill Financial a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates McGraw Hill Financial as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full McGraw Hill Financial 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, Ulta Salon Cosmetics & Fragrances ( ULTA) is up $1.92 (1.6%) to $124.10 on light volume. Thus far, 248,644 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 $121.66-$124.14 after having opened the day at $121.70 as compared to the previous trading day's close of $122.18.

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 $8.0 billion and is part of the services sector. Shares are up 26.6% year-to-date as of the close of trading on Tuesday. 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.

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).

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