3 Services Stocks Pushing Sector Growth

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 59 points (0.3%) at 18,083 as of Monday, May 4, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,918 issues advancing vs. 1,077 declining with 158 unchanged.

The Services sector currently sits up 0.4% versus the S&P 500, which is up 0.4%. Top gainers within the sector include Wynn Resorts ( WYNN), up 3.8%, Mercadolibre ( MELI), up 3.4%, Luxottica Group SpA ( LUX), up 3.0%, Qunar Cayman Islands ( QUNR), up 3.0% and Rite Aid ( RAD), up 2.9%. On the negative front, top decliners within the sector include Hertz Global Holdings ( HTZ), down 2.0%, CSX ( CSX), down 1.8%, Southwest Airlines ( LUV), down 1.4%, Expedia ( EXPE), down 1.3% and Royal Philips ( PHG), down 1.0%.

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

3. Time Warner Cable ( TWC) is one of the companies pushing the Services sector higher today. As of noon trading, Time Warner Cable is up $1.65 (1.1%) to $158.90 on light volume. Thus far, 858,146 shares of Time Warner Cable exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $157.77-$159.06 after having opened the day at $158.05 as compared to the previous trading day's close of $157.25.

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Time Warner Cable Inc., together with its subsidiaries, provides video, high-speed data, and voice services in the United States. It operates in three segments: Residential Services, Business Services, and Other Operations. Time Warner Cable has a market cap of $43.7 billion and is part of the media industry. Shares are up 3.4% year-to-date as of the close of trading on Friday. Currently there are 10 analysts who rate Time Warner Cable a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Time Warner Cable as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year 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 Time Warner Cable Ratings Report now.

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2. As of noon trading, Wal-Mart Stores ( WMT) is up $0.70 (0.9%) to $79.30 on average volume. Thus far, 3.3 million shares of Wal-Mart Stores exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $78.46-$79.46 after having opened the day at $78.98 as compared to the previous trading day's close of $78.60.

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Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. Wal-Mart Stores has a market cap of $251.8 billion and is part of the retail industry. Shares are down 8.5% year-to-date as of the close of trading on Friday. Currently there are 5 analysts who rate Wal-Mart Stores a buy, 2 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Wal-Mart Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Wal-Mart Stores Ratings Report now.

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1. As of noon trading, Amazon.com ( AMZN) is up $2.58 (0.6%) to $425.45 on light volume. Thus far, 1.2 million shares of Amazon.com exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $424.66-$429.77 after having opened the day at $424.80 as compared to the previous trading day's close of $422.87.

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Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates in two segments, North America and International. Amazon.com has a market cap of $196.4 billion and is part of the retail industry. Shares are up 36.3% year-to-date as of the close of trading on Friday. Currently there are 17 analysts who rate Amazon.com a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Amazon.com 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 also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. Get the full Amazon.com Ratings Report now.

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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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