3 Stocks Pushing The Services Sector Lower

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 63 points (0.4%) at 15,199 as of Monday, July 8, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,878 issues advancing vs. 1,083 declining with 93 unchanged.

The Services sector currently sits up 0.5% versus the S&P 500, which is up 1.0%. On the negative front, top decliners within the sector include Union Pacific ( UNP), down 1.3%, Visa ( V), down 1.1% and MasterCard Incorporated ( MA), down 0.7%. Top gainers within the sector include Priceline.com ( PCLN), up 3.1%, Ryanair Holdings ( RYAAY), up 2.4%, Macy's ( M), up 2.0%, Luxottica Group ( LUX), up 2.0% and Sirius XM Radio ( SIRI), up 1.9%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3. Canadian National Railway ( CNI) is one of the companies pushing the Services sector lower today. As of noon trading, Canadian National Railway is down $0.87 (-0.9%) to $97.07 on average volume. Thus far, 297,290 shares of Canadian National Railway exchanged hands as compared to its average daily volume of 684,700 shares. The stock has ranged in price between $96.56-$97.90 after having opened the day at $97.14 as compared to the previous trading day's close of $97.94.

Canadian National Railway Company, together with its subsidiaries, engages in rail and related transportation business in North America. Canadian National Railway has a market cap of $41.4 billion and is part of the transportation industry. Shares are up 7.6% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Canadian National Railway a buy, 1 analyst rates it a sell, and 18 rate it a hold.

TheStreet Ratings rates Canadian National Railway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Canadian National Railway 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, Time Warner ( TWX) is down $0.56 (-0.9%) to $60.85 on average volume. Thus far, 3.0 million shares of Time Warner exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $60.79-$61.63 after having opened the day at $61.57 as compared to the previous trading day's close of $61.41.

Time Warner Inc. operates as a media and entertainment company in the United States and internationally. The company operates in three segments: Networks, Film and TV Entertainment, and Publishing. The Networks segment consists of Turner Broadcasting System, Inc. and Home Box Office, Inc. Time Warner has a market cap of $56.0 billion and is part of the media industry. Shares are up 28.4% year to date as of the close of trading on Friday. Currently there are 18 analysts that rate Time Warner a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Time Warner 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, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. 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 Time Warner 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, 21st Century Fox ( FOXA) is down $0.16 (-0.5%) to $30.22 on light volume. Thus far, 6.4 million shares of 21st Century Fox exchanged hands as compared to its average daily volume of 18.3 million shares. The stock has ranged in price between $30.07-$30.65 after having opened the day at $30.60 as compared to the previous trading day's close of $30.38.

News Corporation operates as a diversified media company worldwide. 21st Century Fox has a market cap of $45.0 billion and is part of the media industry. Shares are up 19.1% year to date as of the close of trading on Friday. Currently there are 19 analysts that rate 21st Century Fox a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates 21st Century Fox as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full 21st Century Fox 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).
null

If you liked this article you might like

CSX's Quarterly Results Puts Pressure on Investor Day

CSX's Quarterly Results Puts Pressure on Investor Day

Canada's Top 10 Dividend Stocks to Buy Now

Canada's Top 10 Dividend Stocks to Buy Now

CSX Railroad Has Left the Station

CSX Railroad Has Left the Station

CSX Chief Harrison Blames Service Disruptions on Employee Resistance

CSX Chief Harrison Blames Service Disruptions on Employee Resistance

Canadian National Railway Avoids Labor Strike

Canadian National Railway Avoids Labor Strike