3 Stocks Pushing The Services Sector Downward
One out of the three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 25 points (0.1%) at 17,526 as of Monday, May 23, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,545 issues advancing vs. 1,371 declining with 153 unchanged.
The Services sector currently is unchanged today versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include
(
), down 2.0%,
(
), down 1.9%,
(
), down 1.4%,
(
), down 0.8% and
(
), down 0.8%. Top gainers within the sector include
New Oriental Education & Technology Group I
(
), up 4.0%,
(
), up 3.4%,
(
), up 2.8%,
(
), up 2.5% and
(
), up 2.4%.
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, O'Reilly Automotive is down $1.81 (-0.7%) to $254.98 on average volume. Thus far, 297,241 shares of O'Reilly Automotive exchanged hands as compared to its average daily volume of 738,800 shares. The stock has ranged in price between $254.67-$257.67 after having opened the day at $256.06 as compared to the previous trading day's close of $256.79.
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O'Reilly Automotive, Inc., together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. O'Reilly Automotive has a market cap of $24.6 billion and is part of the retail industry. Shares are up 1.3% year-to-date as of the close of trading on Friday. Currently there are 15 analysts that rate O'Reilly Automotive a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
O'Reilly Automotive
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, revenue growth, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full
O'Reilly Automotive Ratings Report
now.
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2. As of noon trading,
(
) is down $3.33 (-1.8%) to $178.96 on average volume. Thus far, 651,855 shares of McKesson exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $178.43-$181.57 after having opened the day at $179.88 as compared to the previous trading day's close of $182.29.
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McKesson Corporation operates as a pharmaceutical distribution services and information technology company in the United States and internationally. It offers pharmaceuticals and medical supplies, and services for healthcare operations. McKesson has a market cap of $40.7 billion and is part of the wholesale industry. Shares are down 7.6% year-to-date as of the close of trading on Friday. Currently there are 9 analysts that rate McKesson a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
McKesson
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, revenue growth, notable return on equity and good cash flow from operations. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full
now.
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1. As of noon trading,
(
) is down $0.73 (-0.9%) to $79.09 on average volume. Thus far, 2.2 million shares of Lowe's Companies exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $79.08-$79.96 after having opened the day at $79.64 as compared to the previous trading day's close of $79.82.
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.
Lowe's Companies, Inc. operates as a home improvement retailer. It offers products for home maintenance, repair, remodeling, and decorating. Lowe's Companies has a market cap of $71.7 billion and is part of the retail industry. Shares are up 5.0% year-to-date as of the close of trading on Friday. Currently there are 13 analysts that rate Lowe's Companies a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Lowe's Companies
as a
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, good cash flow from operations and solid stock price performance. 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
Lowe's Companies 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
(
).
