5 Stocks Dragging In The Services Sector

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 78 points (-0.5%) at 14,583 as of Wednesday, April 3, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 720 issues advancing vs. 2,193 declining with 115 unchanged.

The Services sector currently sits down 0.9% versus the S&P 500, which is down 0.7%. On the negative front, top decliners within the sector include Global Payments ( GPN), down 7.8%, Delta Air Lines ( DAL), down 4.4%, Delhaize Group ( DEG), down 4.1%, Genesee & Wyoming ( GWR), down 3.9% and Hertz Global Holdings ( HTZ), down 4.3%. Top gainers within the sector include Abercrombie & Fitch ( ANF), up 4.2%, Panera Bread Company ( PNRA), up 3.2%, Michael Kors Holdings ( KORS), up 2.3% and Expeditors International of Washington ( EXPD), up 1.2%.

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

5. CVS Caremark ( CVS) is one of the companies pushing the Services sector lower today. As of noon trading, CVS Caremark is down $0.98 (-1.8%) to $54.26 on average volume Thus far, 2.8 million shares of CVS Caremark exchanged hands as compared to its average daily volume of 5.9 million shares. The stock has ranged in price between $54.17-$55.20 after having opened the day at $55.20 as compared to the previous trading day's close of $55.24.

CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. CVS Caremark has a market cap of $67.7 billion and is part of the retail industry. The company has a P/E ratio of 18.0, above the S&P 500 P/E ratio of 17.7. Shares are up 14.3% year to date as of the close of trading on Tuesday. Currently there are 15 analysts that rate CVS Caremark a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates CVS Caremark as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full CVS Caremark Ratings Report now.

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