5 Services Stocks Dragging The Sector Down

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 45 points (-0.3%) at 14,466 as of Thursday, March 21, 2013, 12:44 PM ET. The NYSE advances/declines ratio sits at 1,235 issues advancing vs. 1,661 declining with 139 unchanged.

The Services sector currently sits down 0.3% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the sector include Scholastic Corporation ( SCHL), down 15.2%, Guess ( GES), down 4.9%, Charter Communications ( CHTR), down 3.4%, Airgas ( ARG), down 3.0% and Ryanair Holdings ( RYAAY), down 2.9%. Top gainers within the sector include Ross Stores ( ROST), up 3.4%, Fleetcor Technologies ( FLT), up 1.9%, Tim Hortons ( THI), up 0.9%, Netflix ( NFLX), up 1.0% and Priceline.com ( PCLN), up 0.9%.

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

5. Comcast ( CMCSK) is one of the companies pushing the Services sector lower today. As of noon trading, Comcast is down $0.46 (-1.2%) to $38.48 on light volume Thus far, 737,425 shares of Comcast exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $38.36-$38.92 after having opened the day at $38.78 as compared to the previous trading day's close of $38.94.

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments. Comcast has a market cap of $19.5 billion and is part of the media industry. The company has a P/E ratio of 16.8, below 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 Wednesday. Currently there is 1 analyst that rates Comcast a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Comcast as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Comcast Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

If you liked this article you might like

Netflix Hit With Second Downgrade In As Many Days As Analysts Fret Over Growth

Analyst Sees Movie Theater Stocks' Rally Pausing, Downgrades Shares

3 Stocks Dragging The Media Industry Downward

Roof Leaker To Watch: Comcast (CMCSK)

Comcast (CMCSK) Showing Signs Of Being Water-Logged And Getting Wetter