5 Stocks Dragging The Services Sector 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 58 points (-0.4%) at 15,461 as of Wednesday, Aug. 7, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 785 issues advancing vs. 2,161 declining with 94 unchanged.

The Services sector currently sits down 0.7% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the sector include Genpact ( G), down 7.5%, CH Robinson Worldwide ( CHRW), down 5.8%, Walt Disney ( DIS), down 1.9%, AutoZone ( AZO), down 1.8% and Magna International ( MGA), down 1.7%.

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

5. Bed Bath & Beyond ( BBBY) is one of the companies pushing the Services sector lower today. As of noon trading, Bed Bath & Beyond is down $1.30 (-1.7%) to $76.28 on light volume. Thus far, 553,831 shares of Bed Bath & Beyond exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $76.01-$77.43 after having opened the day at $77.38 as compared to the previous trading day's close of $77.58.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. Bed Bath & Beyond has a market cap of $17.0 billion and is part of the retail industry. Shares are up 39.8% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Bed Bath & Beyond a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Bed Bath & Beyond as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures 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 Bed Bath & Beyond 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, TJX Companies ( TJX) is down $0.87 (-1.6%) to $52.89 on average volume. Thus far, 1.5 million shares of TJX Companies exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $52.75-$53.58 after having opened the day at $53.56 as compared to the previous trading day's close of $53.76.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. The company operates in four segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe. TJX Companies has a market cap of $39.0 billion and is part of the retail industry. Shares are up 26.6% year to date as of the close of trading on Tuesday. Currently there are 14 analysts that rate TJX Companies a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates TJX Companies as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, revenue growth, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full TJX 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.

3. As of noon trading, Sirius XM Radio ( SIRI) is down $0.04 (-0.9%) to $3.79 on light volume. Thus far, 14.1 million shares of Sirius XM Radio exchanged hands as compared to its average daily volume of 59.1 million shares. The stock has ranged in price between $3.78-$3.83 after having opened the day at $3.82 as compared to the previous trading day's close of $3.82.

Sirius XM Radio Inc. provides satellite radio services in the United States and Canada. The company broadcasts music, sports, entertainment, comedy, talk, news, traffic, and weather channels on subscription fee basis through two satellite radio systems. Sirius XM Radio has a market cap of $23.5 billion and is part of the media industry. Shares are up 32.4% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Sirius XM Radio a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Sirius XM Radio as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Sirius XM Radio 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, CVS Caremark ( CVS) is down $0.86 (-1.4%) to $59.02 on heavy volume. Thus far, 3.4 million shares of CVS Caremark exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $58.27-$59.32 after having opened the day at $59.06 as compared to the previous trading day's close of $59.89.

CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. CVS Caremark has a market cap of $75.4 billion and is part of the retail industry. Shares are up 23.9% year to date as of the close of trading on Tuesday. Currently there are 14 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.

1. As of noon trading, Home Depot ( HD) is down $0.75 (-0.9%) to $79.30 on light volume. Thus far, 2.6 million shares of Home Depot exchanged hands as compared to its average daily volume of 7.4 million shares. The stock has ranged in price between $78.69-$79.57 after having opened the day at $79.56 as compared to the previous trading day's close of $80.05.

The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $116.4 billion and is part of the retail industry. Shares are up 29.4% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Home Depot a buy, no analysts rate it a sell, and 9 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 has had generally high debt management risk by most measures that we evaluated. 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).

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