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ROST, SWY, WYNN, JCP And TGT, Pushing Services Sector Downward

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 65 points (-0.4%) at 15,111 as of Friday, June 14, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 2,604 issues advancing vs. 474 declining with 57 unchanged.

The Services sector currently sits down 0.39 versus the S&P 500, which is down 0.25. On the negative front, top decliners within the sector include Myriad Genetics ( MYGN), down 8.54, Gannett ( GCI), down 7.48, Casey's General Stores ( CASY), down 3.68, Fidelity National Information Services ( FIS), down 2.01 and Urban Outfitters ( URBN), down 1.59. Top gainers within the sector include Charter Communications ( CHTR), up 4.1%, Grupo Aeroportuario del Sureste S.A.B. de ( ASR), up 3.8%, GameStop ( GME), up 3.8%, Cinemark Holdings ( CNK), up 2.4% and Panera Bread Company ( PNRA), up 2.4%.

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

5. Ross Stores ( ROST) is one of the companies pushing the Services sector lower today. As of noon trading, Ross Stores is down $0.71 (-1.1%) to $64.63 on light volume Thus far, 573,818 shares of Ross Stores exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $64.46-$65.95 after having opened the day at $65.34 as compared to the previous trading day's close of $65.34.

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. It primarily offers apparel, accessories, footwear, and home fashions for the entire family. Ross Stores has a market cap of $14.0 billion and is part of the retail industry. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7. Shares are up 20.8% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Ross Stores a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Ross Stores 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, notable return on equity, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Ross Stores 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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