5 Stocks Dragging The Services Sector Downward

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 3 points (0.0%) at 14,977 as of Monday, May 6, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,675 issues advancing vs. 1,221 declining with 157 unchanged.

The Services sector currently sits up 0.5% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include WEX ( WEX), down 6.58, WEX ( WXS), down 6.58, Michael Kors Holdings ( KORS), down 1.05, Netflix ( NFLX), down 0.93 and MasterCard Incorporated ( MA), down 1.01. Top gainers within the sector include Renren ( RENN), up 14.0%, Liberty Media Corporation ( LMCA), up 8.3%, Alaska Air Group ( ALK), up 5.9%, United Rentals ( URI), up 3.0% and J.B. Hunt Transport Services ( JBHT), up 2.1%.

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

5. Sysco Corporation ( SYY) is one of the companies pushing the Services sector lower today. As of noon trading, Sysco Corporation is down $0.64 (-1.8%) to $34.02 on heavy volume Thus far, 3.2 million shares of Sysco Corporation exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $33.95-$34.71 after having opened the day at $33.99 as compared to the previous trading day's close of $34.66.

Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of a range of food and related products primarily to the foodservice or food-away-from-home industry. Sysco Corporation has a market cap of $20.5 billion and is part of the wholesale industry. The company has a P/E ratio of 19.2, above the S&P 500 P/E ratio of 17.7. Shares are up 9.5% year to date as of the close of trading on Friday.

TheStreet Ratings rates Sysco Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, 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 has had somewhat weak growth in earnings per share. Get the full Sysco Corporation Ratings Report now.

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