4 Stocks Underperforming Today 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 64 points (0.4%) at 14,866 as of Thursday, April 11, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,808 issues advancing vs. 1,100 declining with 140 unchanged.

The Services sector currently sits up 0.7% versus the S&P 500, which is up 0.4%. On the negative front, top decliners within the sector include Chipotle Mexican Grill ( CMG), down 1.19, and Shaw Communications ( SJR), down 1.48. Top gainers within the sector include Rite Aid Corporation ( RAD), up 18.9%, Ross Stores ( ROST), up 7.2%, L Brands ( LTD), up 5.4%, CarMax ( KMX), up 3.3% and Nordstrom ( JWN), up 3.4%.

TheStreet Ratings group would like to highlight 4 stocks pushing the sector lower today:

4. Melco Crown Entertainment ( MPEL) is one of the companies pushing the Services sector lower today. As of noon trading, Melco Crown Entertainment is down $0.27 (-1.1%) to $23.16 on light volume Thus far, 1.3 million shares of Melco Crown Entertainment exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $23.07-$23.48 after having opened the day at $23.33 as compared to the previous trading day's close of $23.43.

Melco Crown Entertainment Limited, through its subsidiaries, engages in the development, ownership, and operation of casino gaming and entertainment resort facilities primarily in Macau. Melco Crown Entertainment has a market cap of $12.5 billion and is part of the leisure industry. The company has a P/E ratio of 41.5, above the S&P 500 P/E ratio of 17.7. Shares are up 35.5% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Melco Crown Entertainment as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Melco Crown Entertainment Ratings Report now.

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