3 Stocks Moving The Services Sector Upward

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 120 points (-0.7%) at 17,956 as of Thursday, June 4, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 740 issues advancing vs. 2,233 declining with 147 unchanged.

The Services sector currently sits down 0.4% versus the S&P 500, which is down 0.5%. Top gainers within the sector include Wynn Resorts ( WYNN), up 7.1%, Las Vegas Sands ( LVS), up 5.4%, SBA Communications ( SBAC), up 3.6%, MGM Resorts International ( MGM), up 3.5% and Qunar Cayman Islands ( QUNR), up 3.0%. On the negative front, top decliners within the sector include AerCap Holdings ( AER), down 3.1%, Rite Aid ( RAD), down 2.2%, Fleetcor Technologies ( FLT), down 1.8%, Grupo Televisa SAB ( TV), down 1.8% and Liberty Global ( LBTYA), down 1.6%.

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

3. Melco Crown Entertainment ( MPEL) is one of the companies pushing the Services sector higher today. As of noon trading, Melco Crown Entertainment is up $1.56 (7.9%) to $21.27 on heavy volume. Thus far, 5.0 million shares of Melco Crown Entertainment exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $20.11-$21.36 after having opened the day at $20.21 as compared to the previous trading day's close of $19.70.

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Melco Crown Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment resort facilities in Asia. Melco Crown Entertainment has a market cap of $10.6 billion and is part of the leisure industry. Shares are down 22.4% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts who rate Melco Crown Entertainment a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Melco Crown Entertainment as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full Melco Crown Entertainment Ratings Report now.

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2. As of noon trading, DISH Network ( DISH) is up $3.56 (5.0%) to $74.37 on heavy volume. Thus far, 5.1 million shares of DISH Network exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $74.26-$76.29 after having opened the day at $74.95 as compared to the previous trading day's close of $70.81.

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DISH Network Corporation, through its subsidiaries, provides pay TV services in the United States. The company operates through two segments, DISH and Wireless. The company provides video services under the DISH brand. DISH Network has a market cap of $16.1 billion and is part of the media industry. Shares are down 2.9% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts who rate DISH Network a buy, 5 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates DISH Network as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full DISH Network Ratings Report now.

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1. As of noon trading, L Brands ( LB) is up $1.56 (1.8%) to $87.72 on heavy volume. Thus far, 1.0 million shares of L Brands exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $86.17-$88.26 after having opened the day at $86.17 as compared to the previous trading day's close of $86.16.

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L Brands, Inc. operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria's Secret, Bath & Body Works, and Victoria's Secret and Bath & Body Works International. L Brands has a market cap of $25.2 billion and is part of the retail industry. Shares are down 0.5% year-to-date as of the close of trading on Wednesday. Currently there are 13 analysts who rate L Brands a buy, no analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates L Brands as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, solid stock price performance and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full L Brands 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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