5 Services Stocks Dragging The Sector Down
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.All three major indices are trading down today with the Dow Jones Industrial Average (^DJI) trading down 42 points (-0.3%) at 15,487 as of Wednesday, Sept. 18, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 930 issues advancing vs. 1,976 declining with 128 unchanged.The Services sector currently sits down 0.4% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include Five Below (FIVE), down 5.9%, Sears Holdings Corporation (SHLD), down 5.1%, GameStop (GME), down 4.2%, Hertz Global Holdings (HTZ), down 3.2% and Mercadolibre (MELI), down 2.4%. Top gainers within the sector include Vipshop Holdings (VIPS), up 8.8%, Net Servicos De Comunicacao (NETC), up 4.7%, FedEx Corporation (FDX), up 2.8%, Dollar Tree Stores (DLTR), up 2.2% and Companhia Brasileira De Distribuicao (CBD), up 1.4%.TheStreet would like to highlight 5 stocks pushing the sector lower today:5. Directv (DTV) is one of the companies pushing the Services sector lower today. As of noon trading, Directv is down $0.62 (-1.0%) to $61.78 on light volume. Thus far, 1.1 million shares of Directv exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $61.55-$62.70 after having opened the day at $62.36 as compared to the previous trading day's close of $62.40. DIRECTV provides digital television entertainment in the United States and Latin America. The company engages in acquiring, promoting, selling, and distributing digital entertainment programming primarily through satellite to residential and commercial subscribers. Directv has a market cap of $34.0 billion and is part of the media industry. Shares are up 23.4% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Directv a buy, 1 analyst rates it a sell, and 7 rate it a hold.TheStreet Ratings rates Directv as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Directv 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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