5 Stocks Pushing The Services Sector Higher
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 57 points (-0.4%) at 13,942 as of Monday, Feb. 25, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,301 issues advancing vs. 1,576 declining with 144 unchanged.
The Services sector currently sits down 0.1% versus the S&P 500, which is down 0.3%. Top gainers within the sector include Hertz Global Holdings ( HTZ), up 6.8%, Netflix ( NFLX), up 2.7%, Delta Air Lines ( DAL), up 2.6%, Staples ( SPLS), up 2.0% and Las Vegas Sands ( LVS), up 1.9%. On the negative front, top decliners within the sector include Nordstrom ( JWN), down 1.5%, Dollar Tree Stores ( DLTR), down 1.1%, Ross Stores ( ROST), down 1.1% and MasterCard Incorporated ( MA), down 0.7%.
TheStreet Ratings group would like to highlight 5 stocks pushing the sector higher today:
5. Canadian National Railway ( CNI) is one of the companies pushing the Services sector higher today. As of noon trading, Canadian National Railway is up $0.91 (0.9%) to $98.93 on average volume Thus far, 235,388 shares of Canadian National Railway exchanged hands as compared to its average daily volume of 514,200 shares. The stock has ranged in price between $98.04-$99.13 after having opened the day at $98.08 as compared to the previous trading day's close of $98.02.
Canadian National Railway Company, together with its subsidiaries, engages in rail and related transportation business in North America. Canadian National Railway has a market cap of $42.1 billion and is part of the transportation industry. The company has a P/E ratio of 15.9, below the S&P 500 P/E ratio of 17.7. Shares are up 8.0% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Canadian National Railway a buy, 2 analysts rate it a sell, and 17 rate it a hold.
TheStreet Ratings rates Canadian National Railway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Canadian National Railway Ratings Report now.
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