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3 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 38 points (0.2%) at 16,171 as of Friday, Feb. 21, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,939 issues advancing vs. 967 declining with 167 unchanged.

The Services sector currently sits up 0.5% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the sector include National CineMedia ( NCMI), down 13.9%, Financial Engines ( FNGN), down 11.1%, Royal Philips ( PHG), down 0.8%, Liberty Global ( LBTYA), down 0.6% and Starbucks Corporation ( SBUX), down 0.8%. Top gainers within the sector include Shutterstock ( SSTK), up 16.9%, CoStar Group ( CSGP), up 6.3%, Omnicare ( OCR), up 3.9%, DISH Network ( DISH), up 3.6% and Priceline.com ( PCLN), up 3.6%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3. Charter Communications ( CHTR) is one of the companies pushing the Services sector lower today. As of noon trading, Charter Communications is down $6.66 (-5.0%) to $125.18 on heavy volume. Thus far, 3.3 million shares of Charter Communications exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $124.00-$132.02 after having opened the day at $132.02 as compared to the previous trading day's close of $131.84.

Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States. Charter Communications has a market cap of $13.6 billion and is part of the media industry. Shares are down 4.6% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts that rate Charter Communications a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Charter Communications as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and poor profit margins. Get the full Charter Communications 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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