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TheStreet Open House
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3 Stocks Dragging In The Services Sector

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 18 points (0.1%) at 16,551 as of Wednesday, April 2, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,684 issues advancing vs. 1,250 declining with 198 unchanged.

The Services sector currently sits up 0.4% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include Apollo Education Group ( APOL), down 8.3%, Vipshop Holdings ( VIPS), down 2.5%, McGraw Hill Financial ( MHFI), down 0.8%, Tyco International ( TYC), down 0.8% and Luxottica Group ( LUX), down 0.7%. Top gainers within the sector include Myriad Genetics ( MYGN), up 12.1%, Urban Outfitters ( URBN), up 3.4%, Sirius XM Holdings ( SIRI), up 3.2%, Staples ( SPLS), up 2.8% and Kroger ( KR), up 2.3%.

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

3. Omnicom Group ( OMC) is one of the companies pushing the Services sector lower today. As of noon trading, Omnicom Group is down $0.62 (-0.9%) to $71.74 on average volume. Thus far, 747,075 shares of Omnicom Group exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $71.40-$72.39 after having opened the day at $71.98 as compared to the previous trading day's close of $72.36.

Omnicom Group Inc., together with its subsidiaries, operates as an advertising, marketing, and corporate communications services company in the Americas, Europe, the Middle East, Africa, and the Asia pacific. Omnicom Group has a market cap of $18.7 billion and is part of the media industry. Shares are down 2.7% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Omnicom Group a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Omnicom Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Omnicom Group 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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