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 97 points (-0.5%) at 17,802 as of Monday, June 15, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,032 issues advancing vs. 1,944 declining with 177 unchanged.

The Services sector currently sits down 0.5% versus the S&P 500, which is down 0.5%. A company within the sector that increased today was CVS Health ( CVS), up 0.6%. On the negative front, top decliners within the sector include YY ( YY), down 5.5%, Royal Philips ( PHG), down 2.6%, Rite Aid ( RAD), down 2.5%, Ctrip.com International ( CTRP), down 2.3% and Rockwell Automation ( ROK), down 2.2%.

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 $0.38 (2.0%) to $20.08 on average volume. Thus far, 2.4 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 $19.47-$20.19 after having opened the day at $19.62 as compared to the previous trading day's close of $19.69.

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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 $10.9 billion and is part of the leisure industry. Shares are down 22.5% year-to-date as of the close of trading on Friday. 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, AmerisourceBergen ( ABC) is up $0.98 (0.9%) to $111.12 on average volume. Thus far, 837,611 shares of AmerisourceBergen exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $109.00-$111.29 after having opened the day at $109.88 as compared to the previous trading day's close of $110.15.

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AmerisourceBergen Corporation sources and distributes pharmaceutical products to healthcare providers, pharmaceutical and biotech manufacturers, and specialty drug patients in the United States and internationally. AmerisourceBergen has a market cap of $24.3 billion and is part of the wholesale industry. Shares are up 22.2% year-to-date as of the close of trading on Friday. Currently there are 7 analysts who rate AmerisourceBergen a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates AmerisourceBergen as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full AmerisourceBergen Ratings Report now.

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1. As of noon trading, Target ( TGT) is up $1.01 (1.3%) to $80.48 on heavy volume. Thus far, 3.3 million shares of Target exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $80.02-$81.09 after having opened the day at $80.42 as compared to the previous trading day's close of $79.47.

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Target Corporation operates as a general merchandise retailer in the United States and Canada. Target has a market cap of $51.1 billion and is part of the retail industry. Shares are up 4.7% year-to-date as of the close of trading on Friday. Currently there are 8 analysts who rate Target a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Target as a buy. 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, solid stock price performance, growth in earnings per share and increase in net income. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full Target 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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