WAG, CBS, CVS, LOW And HD, 5 Services Stocks Pushing The Sector Lower

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 46 points (-0.3%) at 15,208 as of Tuesday, June 4, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,093 issues advancing vs. 1,832 declining with 114 unchanged.

The Services sector currently sits down 0.15 versus the S&P 500, which is down 0.24. On the negative front, top decliners within the sector include Dollar General Corporation ( DG), down 7.45, Dillards ( DDS), down 4.23, Marriott International ( MAR), down 2.46, Canadian Pacific Railway ( CP), down 2.70 and Starwood Hotels & Resorts Worldwide ( HOT), down 2.23. Top gainers within the sector include Liberty Media Corporation ( LMCA), up 13.4%, GameStop ( GME), up 4.4%, Ctrip.com International ( CTRP), up 3.7%, Staples ( SPLS), up 2.8% and AutoNation ( AN), up 2.8%.

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

5. Walgreen Company ( WAG) is one of the companies pushing the Services sector lower today. As of noon trading, Walgreen Company is down $0.36 (-0.7%) to $48.14 on average volume Thus far, 2.9 million shares of Walgreen Company exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $48.10-$48.95 after having opened the day at $48.17 as compared to the previous trading day's close of $48.50.

Walgreen Co., together with its subsidiaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, as well as through mail, and by telephone and online. Walgreen Company has a market cap of $45.3 billion and is part of the retail industry. The company has a P/E ratio of 21.3, above the S&P 500 P/E ratio of 17.7. Shares are up 31.0% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Walgreen Company a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Walgreen Company as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Walgreen Company Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, CBS Corporation ( CBS) is down $0.48 (-1.0%) to $49.11 on light volume Thus far, 2.2 million shares of CBS Corporation exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $49.04-$50.13 after having opened the day at $49.40 as compared to the previous trading day's close of $49.59.

CBS Corporation, together with its subsidiaries, operates as a mass media company in the United States and internationally. CBS Corporation has a market cap of $28.3 billion and is part of the media industry. The company has a P/E ratio of 18.9, above the S&P 500 P/E ratio of 17.7. Shares are up 30.1% year to date as of the close of trading on Monday. Currently there are 18 analysts that rate CBS Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates CBS Corporation 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, notable return on equity, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full CBS Corporation Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, CVS Caremark ( CVS) is down $1.06 (-1.8%) to $57.59 on light volume Thus far, 2.0 million shares of CVS Caremark exchanged hands as compared to its average daily volume of 5.7 million shares. The stock has ranged in price between $57.51-$58.81 after having opened the day at $58.56 as compared to the previous trading day's close of $58.65.

CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. CVS Caremark has a market cap of $70.5 billion and is part of the retail industry. The company has a P/E ratio of 17.9, above the S&P 500 P/E ratio of 17.7. Shares are up 19.1% year to date as of the close of trading on Monday. 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 solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, 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 CVS Caremark Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Lowe's Companies ( LOW) is down $0.76 (-1.8%) to $41.60 on average volume Thus far, 3.6 million shares of Lowe's Companies exchanged hands as compared to its average daily volume of 8.0 million shares. The stock has ranged in price between $41.53-$42.46 after having opened the day at $42.12 as compared to the previous trading day's close of $42.36.

Lowe's Companies, Inc. operates as a home improvement retailer. It offers products for maintenance, repair, remodeling, and home decorating. Lowe's Companies has a market cap of $45.8 billion and is part of the retail industry. The company has a P/E ratio of 24.1, above the S&P 500 P/E ratio of 17.7. Shares are up 18.6% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Lowe's Companies a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Lowe's Companies as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, solid stock price performance, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Lowe's Companies Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Home Depot ( HD) is down $1.07 (-1.4%) to $77.62 on average volume Thus far, 3.6 million shares of Home Depot exchanged hands as compared to its average daily volume of 6.9 million shares. The stock has ranged in price between $77.51-$78.82 after having opened the day at $78.50 as compared to the previous trading day's close of $78.69.

The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $114.9 billion and is part of the retail industry. The company has a P/E ratio of 25.0, above the S&P 500 P/E ratio of 17.7. Shares are up 27.2% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Home Depot a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Home Depot Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 5 stocks, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).

A reminder about TheStreet Ratings group: 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.

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