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4 Stocks Pushing The Diversified Services Industry Lower

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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 5 points (0.0%) at 16,485 as of Friday, Dec. 27, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,370 issues advancing vs. 1,569 declining with 149 unchanged.

The Diversified Services industry currently sits down 0.1% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include Education Management Corporation ( EDMC), down 3.6%, Zillow ( Z), down 3.5%, AthenaHealth ( ATHN), down 1.3%, H&R Block ( HRB), down 1.1% and Hertz Global Holdings ( HTZ), down 0.5%.

TheStreet would like to highlight 4 stocks pushing the industry lower today:

4. WageWorks ( WAGE) is one of the companies pushing the Diversified Services industry lower today. As of noon trading, WageWorks is down $1.77 (-2.8%) to $60.62 on light volume. Thus far, 60,936 shares of WageWorks exchanged hands as compared to its average daily volume of 348,000 shares. The stock has ranged in price between $60.25-$62.58 after having opened the day at $62.58 as compared to the previous trading day's close of $62.39.

WageWorks, Inc. provides tax-advantaged programs for consumer-directed health, commuter, and other employee spending account benefits (CDBs) in the United States. WageWorks has a market cap of $2.1 billion and is part of the services sector. Shares are up 250.5% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate WageWorks a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates WageWorks as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, premium valuation and weak operating cash flow. Get the full WageWorks 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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