5 Stocks Pushing The Services Sector Lower
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 modelAll three major indices are trading down today with the Dow Jones Industrial Average (^DJI) trading down 9 points (-0.1%) at 14,437 as of Tuesday, March 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,094 issues advancing vs. 1,829 declining with 130 unchanged.The Services sector currently sits down 0.4% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include W.W. Grainger (GWW), down 2.2%, Melco Crown Entertainment (MPEL), down 1.7%, News Corporation (NWS), down 1.6%, United Continental Holdings (UAL), down 1.5% and Tyco International (TYC), down 1.6%. Top gainers within the sector include J.C. Penney (JCP), up 4.8%, Dick's Sporting Goods (DKS), up 5.0%, Costco Wholesale Corporation (COST), up 2.0%, Yum Brands (YUM), up 1.5% and Michael Kors Holdings (KORS), up 1.4%.TheStreet Ratings group would like to highlight 5 stocks pushing the sector lower today:5. Lowe's Companies (LOW) is one of the companies pushing the Services sector lower today. As of noon trading, Lowe's Companies is down $0.49 (-1.2%) to $39.18 on average volume Thus far, 3.6 million shares of Lowe's Companies exchanged hands as compared to its average daily volume of 9.5 million shares. The stock has ranged in price between $39.16-$39.69 after having opened the day at $39.59 as compared to the previous trading day's close of $39.67. Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer. It offers a range of products for maintenance, repair, remodeling, and home decorating. Lowe's Companies has a market cap of $44.2 billion and is part of the retail industry. The company has a P/E ratio of 23.3, above the S&P 500 P/E ratio of 17.7. Shares are up 11.7% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Lowe's Companies a buy, 1 analyst rates it a sell, and 9 rate it a hold.TheStreet Ratings rates Lowe's Companies as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels 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 Lowe's Companies Ratings Report now.It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE
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