3 Stocks Pushing The Services Sector Downward
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 37 points (0.2%) at 17,877 as of Wednesday, July 6, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,655 issues advancing vs. 1,273 declining with 140 unchanged.
The Services sector currently sits up 0.3% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the sector include
(
), down 3.3%,
(
), down 3.0%,
(
), down 2.2%,
(
), down 1.3% and
(
), down 1.0%. Top gainers within the sector include
(
), up 4.5%,
(
), up 2.6%,
(
), up 1.4%,
(
), up 1.3% and
(
), up 1.3%.
TheStreet would like to highlight 3 stocks pushing the sector lower today:
3.
(
) is one of the companies pushing the Services sector lower today. As of noon trading, United Parcel Service is down $0.89 (-0.8%) to $107.56 on average volume. Thus far, 1.5 million shares of United Parcel Service exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $106.68-$108.49 after having opened the day at $108.22 as compared to the previous trading day's close of $108.45.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. United Parcel Service has a market cap of $95.6 billion and is part of the transportation industry. Shares are up 12.7% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate United Parcel Service a buy, 1 analyst rates it a sell, and 10 rate it a hold.
TheStreet Ratings rates
United Parcel Service
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and increase in net income. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full
United Parcel Service Ratings Report
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
2. As of noon trading,
(
) is down $1.22 (-4.2%) to $27.71 on heavy volume. Thus far, 10.4 million shares of American Airlines Group exchanged hands as compared to its average daily volume of 10.7 million shares. The stock has ranged in price between $27.12-$28.00 after having opened the day at $27.88 as compared to the previous trading day's close of $28.93.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
American Airlines Group Inc., through its subsidiaries, operates in the airline industry. As of December 31, 2015, the company operated 946 mainline aircrafts, as well as 587 regional aircrafts through regional airline subsidiaries and third-party regional carriers. American Airlines Group has a market cap of $17.0 billion and is part of the transportation industry. Shares are down 31.7% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts that rate American Airlines Group a buy, 1 analyst rates it a sell, and 2 rate it a hold.
TheStreet Ratings rates
American Airlines Group
as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and a generally disappointing performance in the stock itself. Get the full
American Airlines Group Ratings Report
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
1. As of noon trading,
(
) is down $0.73 (-2.0%) to $34.89 on average volume. Thus far, 8.1 million shares of Delta Air Lines exchanged hands as compared to its average daily volume of 11.2 million shares. The stock has ranged in price between $34.08-$35.09 after having opened the day at $34.98 as compared to the previous trading day's close of $35.62.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Delta Air Lines has a market cap of $28.4 billion and is part of the transportation industry. Shares are down 29.7% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Delta Air Lines a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Delta Air Lines
as a
. 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, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full
Delta Air Lines Ratings Report
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
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
(
) while those bearish on the services sector could consider
ProShares Ultra Short Consumer Sers
(
).