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

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 40 points (-0.3%) at 14,679 as of Wednesday, April 24, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,751 issues advancing vs. 1,159 declining with 143 unchanged.

The Services sector currently sits down 0.08 versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include DeVry ( DV), down 21.10, Robert Half International ( RHI), down 11.17, Wyndham Worldwide Corporation ( WYN), down 6.32, Total System Services ( TSS), down 4.28 and Delhaize Group ( DEG), down 3.15. Top gainers within the sector include Lumber Liquidators Holdings ( LL), up 11.9%, Ryder System ( R), up 7.0%, FedEx Corporation ( FDX), up 1.6%, Magna International ( MGA), up 1.3% and McDonald's Corporation ( MCD), up 0.8%.

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

5. Charter Communications ( CHTR) is one of the companies pushing the Services sector lower today. As of noon trading, Charter Communications is down $2.65 (-2.5%) to $101.76 on light volume Thus far, 259,868 shares of Charter Communications exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $101.76-$105.15 after having opened the day at $104.85 as compared to the previous trading day's close of $104.41.

Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States. Charter Communications has a market cap of $10.5 billion and is part of the media industry. Shares are up 36.2% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Charter Communications as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity. Get the full Charter Communications Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

If you liked this article you might like

A Sprint/T-Mobile Deal Still Faces Big Hurdles, Especially for Sprint

Cut the Cord on Charter Communications Stock?

Sprint and T-Mobile Turn Uncharacteristically Quiet About Merger Possibilities

Verizon Hints at Another Acquisition in Battle Against Google, Facebook

Verizon No Longer Interested in Buying a Cable Operator, CEO Says