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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 model

All three major indices are trading down today with the Dow Jones Industrial Average (^DJI) trading down 11 points (-0.1%) at 15,227 as of Tuesday, June 11, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 560 issues advancing vs. 2,425 declining with 97 unchanged.

The Services sector currently sits down 0.58 versus the S&P 500, which is down 0.37. On the negative front, top decliners within the sector include AutoNation (AN), down 3.71, Wynn Resorts (WYNN), down 2.22, Starwood Hotels & Resorts Worldwide (HOT), down 2.16, Tiffany (TIF), down 1.79 and MGM Resorts International (MGM), down 1.91. Top gainers within the sector include AmerisourceBergen (ABC), up 2.3%, Fiserv (FISV), up 1.0%, Grupo Televisa S.A.B (TV), up 0.9%, Cardinal Health (CAH), up 1.0% and Magna International (MGA), up 0.8%.

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

5. Best Buy (BBY) is one of the companies pushing the Services sector lower today. As of noon trading, Best Buy is down $0.48 (-1.7%) to $27.56 on light volume Thus far, 2.6 million shares of Best Buy exchanged hands as compared to its average daily volume of 10.2 million shares. The stock has ranged in price between $27.42-$28.07 after having opened the day at $27.59 as compared to the previous trading day's close of $28.04.

Best Buy Co., Inc. operates as a retailer of consumer electronics, computing and mobile phone products, entertainment products, appliances, and related services primarily in the United States, Europe, Canada, and China. Best Buy has a market cap of $9.3 billion and is part of the retail industry. The company has a P/E ratio of 8.5, below the S&P 500 P/E ratio of 17.7. Shares are up 130.9% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Best Buy a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Best Buy as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally high debt management risk. Get the full Best Buy Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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