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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 59 points (0.4%) at 13,940 as of Friday, Feb. 22, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,920 issues advancing vs. 903 declining with 157 unchanged.

The Services sector currently sits up 0.3% versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the sector include Netflix ( NFLX), down 2.5%, Brazilian Distribution Company ( CBD), down 1.7%, Net Servicos De Comunicacao ( NETC), down 1.4%, Gap ( GPS), down 1.4% and Grupo Televisa S.A ( TV), down 1.4%. Top gainers within the sector include HMS Holdings Corporation ( HMSY), up 7.2%, Charter Communications ( CHTR), up 7.1%, J.C. Penney ( JCP), up 4.9%, Trinity Industries ( TRN), up 3.6% and Delhaize Group ( DEG), up 3.4%.

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

5. Abercrombie & Fitch ( ANF) is one of the companies pushing the Services sector lower today. As of noon trading, Abercrombie & Fitch is down $3.35 (-6.8%) to $45.70 on heavy volume Thus far, 8.4 million shares of Abercrombie & Fitch exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $45.00-$48.85 after having opened the day at $48.22 as compared to the previous trading day's close of $49.05.

Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer of casual apparel for men, women, and kids. Abercrombie & Fitch has a market cap of $4.0 billion and is part of the retail industry. The company has a P/E ratio of 37.7, above the S&P 500 P/E ratio of 17.7. Shares are up 6.0% year to date as of the close of trading on Thursday. Currently there are 14 analysts that rate Abercrombie & Fitch a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Abercrombie & Fitch as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Abercrombie & Fitch Ratings Report now.

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