3 Stocks Dragging The Services Sector Downward

TheStreet highlights 3 stocks pushing the services sector lower today.
By TheStreet Wire ,

All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 4 points (0.0%) at 18,344 as of Wednesday, July 13, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,211 issues advancing vs. 1,725 declining with 124 unchanged.

The Services sector currently sits down 0.2% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include

Michaels Companies

(

MIK

), down 7.6%,

Cencosud

(

CNCO

), down 2.6%,

Las Vegas Sands

(

LVS

), down 1.9%,

Alliance Data Systems

(

ADS

), down 1.7% and

Lowe's Companies

(

LOW

), down 1.7%. Top gainers within the sector include

Markit

(

MRKT

), up 6.5%,

John Wiley & Sons

(

JW.B

), up 6.1%,

LATAM Airlines Group

(

LFL

), up 5.4%,

Sysco

(

SYY

), up 1.6% and

CVS Health

(

CVS

), up 1.1%.

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

3.

Wynn Resorts

(

WYNN

) is one of the companies pushing the Services sector lower today. As of noon trading, Wynn Resorts is down $2.24 (-2.3%) to $94.26 on average volume. Thus far, 1.1 million shares of Wynn Resorts exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $93.97-$96.48 after having opened the day at $96.38 as compared to the previous trading day's close of $96.50.

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Wynn Resorts, Limited, together with its subsidiaries, develops, owns, and operates destination casino resorts. It operates in two segments, Macau Operations and Las Vegas Operations. The company operates Wynn Macau and Encore at Wynn Macau resort located in the People's Republic of China. Wynn Resorts has a market cap of $9.1 billion and is part of the leisure industry. Shares are up 39.5% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Wynn Resorts a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Wynn Resorts

as a

hold

. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full

Wynn Resorts Ratings Report

now.

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2. As of noon trading,

Time Warner

(

TWX

) is down $0.41 (-0.5%) to $77.85 on light volume. Thus far, 1.3 million shares of Time Warner exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $77.40-$78.47 after having opened the day at $78.20 as compared to the previous trading day's close of $78.26.

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Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros. Time Warner has a market cap of $61.3 billion and is part of the media industry. Shares are up 21.0% year-to-date as of the close of trading on Tuesday. Currently there are 16 analysts that rate Time Warner a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates

Time Warner

as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and attractive valuation levels. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full

Time Warner Ratings Report

now.

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1. As of noon trading,

Home Depot

(

HD

) is down $1.38 (-1.0%) to $133.46 on average volume. Thus far, 2.4 million shares of Home Depot exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $133.10-$135.20 after having opened the day at $134.84 as compared to the previous trading day's close of $134.84.

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The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $167.1 billion and is part of the retail industry. Shares are up 2.0% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Home Depot a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates

Home Depot

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, impressive record of earnings per share growth and increase in net income. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full

Home Depot Ratings Report

now.

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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the services sector could consider

iShares Dow Jones US Cons Services

(

IYC

) while those bearish on the services sector could consider

ProShares Ultra Short Consumer Sers

(

SCC

).

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