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5 Stocks Underperforming Today In The Services Sector

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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 30 points (-0.2%) at 15,264 as of Friday, May 24, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 947 issues advancing vs. 1,953 declining with 121 unchanged.

The Services sector currently sits down 0.24 versus the S&P 500, which is down 0.46. On the negative front, top decliners within the sector include Sears Holdings Corporation ( SHLD), down 14.77, Grupo Televisa S.A ( TV), down 2.60, LATAM Airlines Group S.A ( LFL), down 1.79, Companhia Brasileira De Distribuicao ( CBD), down 1.59 and Bed Bath & Beyond ( BBBY), down 1.57. Top gainers within the sector include Infoblox ( BLOX), up 13.1%, Ryanair Holdings ( RYAAY), up 2.1%, Alliance Data Systems Corporation ( ADS), up 1.9%, CVS Caremark ( CVS), up 1.2% and Visa ( V), up 1.1%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector lower today:

5. Magna International ( MGA) is one of the companies pushing the Services sector lower today. As of noon trading, Magna International is down $0.88 (-1.3%) to $64.90 on average volume Thus far, 484,854 shares of Magna International exchanged hands as compared to its average daily volume of 743,700 shares. The stock has ranged in price between $64.82-$65.62 after having opened the day at $65.18 as compared to the previous trading day's close of $65.78.

Magna International Inc. designs, develops, manufactures, and engineers automotive systems and components to original equipment manufacturers primarily in North America, Europe, and internationally. Magna International has a market cap of $15.3 billion and is part of the wholesale industry. The company has a P/E ratio of 11.1, below the S&P 500 P/E ratio of 17.7. Shares are up 31.1% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Magna International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Magna International Ratings Report now.

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