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ADS, VIPS And P, 3 Services Stocks Pushing The Sector 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 37 points (-0.2%) at 16,662 as of Friday, May 30, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,201 issues advancing vs. 1,742 declining with 169 unchanged.

The Services sector currently sits down 0.4% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include Infoblox ( BLOX), down 40.7%, Lions Gate Entertainment ( LGF), down 12.3%, Shutterstock ( SSTK), down 7.4%, Wynn Resorts ( WYNN), down 2.7% and Melco Crown Entertainment ( MPEL), down 2.5%. Top gainers within the sector include Big Lots ( BIG), up 12.1%, Dick's Sporting Goods ( DKS), up 3.1%, Michael Kors Holdings ( KORS), up 2.1%, Target ( TGT), up 1.4% and Costco Wholesale ( COST), up 1.4%.

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

3. Alliance Data Systems ( ADS) is one of the companies pushing the Services sector lower today. As of noon trading, Alliance Data Systems is down $2.87 (-1.1%) to $253.96 on light volume. Thus far, 170,159 shares of Alliance Data Systems exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $253.88-$256.74 after having opened the day at $256.74 as compared to the previous trading day's close of $256.83.

Alliance Data Systems Corporation provides marketing and loyalty solutions in the United States, Canada, and other countries. Alliance Data Systems has a market cap of $13.7 billion and is part of the diversified services industry. Shares are down 2.3% year-to-date as of the close of trading on Thursday. Currently there are 13 analysts that rate Alliance Data Systems a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Alliance Data Systems as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Alliance Data Systems 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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