5 Stocks Pushing The Services Sector Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 23 points (-0.2%) at 13,146 as of Friday, Dec. 14, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,344 issues advancing vs. 1,517 declining with 152 unchanged.

The Services sector currently sits up 0.1% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include Best Buy ( BBY), down 15.9%, Net Servicos De Comunicacao ( NETC), down 1.7%, CBS Corporation ( CBS), down 1.6%, News Corporation ( NWS), down 1.1% and Dollar General Corporation ( DG), down 0.9%. Top gainers within the sector include Ctrip.com International ( CTRP), up 6.1%, HMS Holdings Corporation ( HMSY), up 6.0%, Virgin Media ( VMED), up 4.3%, Melco Crown Entertainment ( MPEL), up 3.0% and McGraw-Hill Companies Incorporated ( MHP), up 2.6%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector lower today:

5. Costco Wholesale Corporation ( COST) is one of the companies pushing the Services sector lower today. As of noon trading, Costco Wholesale Corporation is down $0.59 (-0.6%) to $97.26 on light volume Thus far, 688,978 shares of Costco Wholesale Corporation exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $96.95-$97.96 after having opened the day at $97.00 as compared to the previous trading day's close of $97.85.

Costco Wholesale Corporation engages in the operation of membership warehouses. The company offers branded and private-label products in a range of merchandise categories. Costco Wholesale Corporation has a market cap of $42.3 billion and is part of the retail industry. The company has a P/E ratio of 25.1, above the S&P 500 P/E ratio of 17.7. Shares are up 17.3% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Costco Wholesale Corporation a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Costco Wholesale Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Costco Wholesale Corporation Ratings Report now.

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