DAL, UNP And BABA, Pushing Services Sector Downward
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 29 points (-0.2%) at 17,702 as of Tuesday, Nov. 10, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,315 issues advancing vs. 1,646 declining with 122 unchanged.
The Services sector currently sits down 0.9% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include
(
), down 18.2%,
(
), down 5.2%,
(
), down 5.0%,
(
), down 4.8% and
(
), down 4.7%. Top gainers within the sector include
(
), up 4.3%,
(
), up 2.6%,
(
), up 2.0%,
(
), up 1.4% 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, Delta Air Lines is down $0.51 (-1.0%) to $50.12 on light volume. Thus far, 2.9 million shares of Delta Air Lines exchanged hands as compared to its average daily volume of 9.4 million shares. The stock has ranged in price between $49.55-$51.00 after having opened the day at $50.60 as compared to the previous trading day's close of $50.63.
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Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo worldwide. The company operates in two segments, Airline and Refinery. Its route network comprises various gateway airports in Amsterdam, Detroit, Los Angeles, Minneapolis-St. Delta Air Lines has a market cap of $40.3 billion and is part of the transportation industry. Shares are up 2.9% year-to-date as of the close of trading on Monday. Currently there are 11 analysts that rate Delta Air Lines a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates
Delta Air Lines
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full
Delta Air Lines Ratings Report
now.
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2. As of noon trading,
(
) is down $1.16 (-1.4%) to $85.00 on average volume. Thus far, 2.3 million shares of Union Pacific exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $84.56-$86.31 after having opened the day at $85.95 as compared to the previous trading day's close of $86.17.
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Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates railroads in the United States. Union Pacific has a market cap of $73.4 billion and is part of the transportation industry. Shares are down 27.7% year-to-date as of the close of trading on Monday. Currently there are 13 analysts that rate Union Pacific a buy, 1 analyst rates it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Union Pacific
as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full
now.
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1. As of noon trading,
(
) is down $1.03 (-1.3%) to $80.35 on average volume. Thus far, 8.8 million shares of Alibaba Group exchanged hands as compared to its average daily volume of 19.9 million shares. The stock has ranged in price between $79.62-$81.11 after having opened the day at $81.10 as compared to the previous trading day's close of $81.38.
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Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally. Alibaba Group has a market cap of $208.6 billion and is part of the specialty retail industry. Shares are down 21.7% year-to-date as of the close of trading on Monday. Currently there are 17 analysts that rate Alibaba Group a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Alibaba Group
as a
. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. Get the full
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
(
).