3 Stocks Pushing The Leisure Industry Downward

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 15,618 as of Friday, Aug. 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,354 issues advancing vs. 1,554 declining with 118 unchanged.

The Leisure industry currently is unchanged today versus the S&P 500, which is down 0.1%. Top gainers within the industry include Las Vegas Sands ( LVS), up 0.8%, Starbucks Corporation ( SBUX), up 0.8% and Priceline.com ( PCLN), up 0.7%.

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

3. Boyd Gaming Corporation ( BYD) is one of the companies pushing the Leisure industry lower today. As of noon trading, Boyd Gaming Corporation is down $0.85 (-6.7%) to $11.95 on heavy volume. Thus far, 15.6 million shares of Boyd Gaming Corporation exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $11.75-$12.38 after having opened the day at $12.23 as compared to the previous trading day's close of $12.80.

Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company in the United States. The company operates in five segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, Peninsula Gaming, and Atlantic City. Boyd Gaming Corporation has a market cap of $1.2 billion and is part of the services sector. Shares are up 100.5% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Boyd Gaming Corporation a buy, 4 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Boyd Gaming Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Boyd Gaming 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.

2. As of noon trading, Ctrip.com International ( CTRP) is down $1.54 (-3.5%) to $42.18 on heavy volume. Thus far, 3.2 million shares of Ctrip.com International exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $41.54-$43.03 after having opened the day at $43.03 as compared to the previous trading day's close of $43.72.

Ctrip.com International, Ltd., together with its subsidiaries, provides travel service for hotel accommodations, airline tickets, packaged tours, and corporate travel management in the People's Republic of China. Ctrip.com International has a market cap of $4.7 billion and is part of the services sector. Shares are up 61.5% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Ctrip.com International a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Ctrip.com International as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and disappointing return on equity. Get the full Ctrip.com International 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, MGM Resorts International ( MGM) is down $0.32 (-1.9%) to $16.54 on average volume. Thus far, 6.2 million shares of MGM Resorts International exchanged hands as compared to its average daily volume of 9.1 million shares. The stock has ranged in price between $16.31-$16.75 after having opened the day at $16.72 as compared to the previous trading day's close of $16.85.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts. The company operates in two segments, Wholly Owned Domestic Resorts and MGM China. Its resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. MGM Resorts International has a market cap of $8.0 billion and is part of the services sector. Shares are up 40.1% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate MGM Resorts International a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates MGM Resorts International as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and generally higher debt management risk. Get the full MGM Resorts International 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 leisure industry could consider PowerShares Dynamic Leisure&Entert ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).

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