JEC, MYGN And FLT, 3 Diversified Services Stocks Pushing The Industry Lower

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 20 points (0.1%) at 14,984 as of Friday, Aug. 23, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,794 issues advancing vs. 1,149 declining with 104 unchanged.

The Diversified Services industry currently is unchanged today versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include Tyco International ( TYC), down 1.2%, and H&R Block ( HRB), down 0.4%. Top gainers within the industry include Net 1 Ueps Technologies ( UEPS), up 43.5%, Zillow ( Z), up 3.6%, ExlService Holdings ( EXLS), up 3.8%, Quad/Graphics ( QUAD), up 3.4% and Hertz Global Holdings ( HTZ), up 0.8%.

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

3. Jacobs Engineering Group ( JEC) is one of the companies pushing the Diversified Services industry lower today. As of noon trading, Jacobs Engineering Group is down $0.50 (-0.8%) to $59.85 on light volume. Thus far, 253,455 shares of Jacobs Engineering Group exchanged hands as compared to its average daily volume of 799,000 shares. The stock has ranged in price between $59.47-$60.44 after having opened the day at $60.44 as compared to the previous trading day's close of $60.35.

Jacobs Engineering Group Inc. provides technical, professional, and construction services to various industrial, commercial, and governmental clients worldwide. Jacobs Engineering Group has a market cap of $7.9 billion and is part of the services sector. Shares are up 40.5% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Jacobs Engineering Group a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Jacobs Engineering Group 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, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Jacobs Engineering Group 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, Myriad Genetics ( MYGN) is down $0.75 (-2.6%) to $27.60 on light volume. Thus far, 718,924 shares of Myriad Genetics exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $27.59-$28.55 after having opened the day at $28.41 as compared to the previous trading day's close of $28.35.

Myriad Genetics, Inc., a molecular diagnostic company, focuses on the development and marketing of predictive medicine, personalized medicine, and prognostic medicine tests primarily in the United States. Myriad Genetics has a market cap of $2.2 billion and is part of the services sector. Shares are up 4.0% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Myriad Genetics a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Myriad Genetics as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Myriad Genetics 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, Fleetcor Technologies ( FLT) is down $0.90 (-0.9%) to $102.22 on average volume. Thus far, 316,294 shares of Fleetcor Technologies exchanged hands as compared to its average daily volume of 690,000 shares. The stock has ranged in price between $101.59-$104.35 after having opened the day at $104.00 as compared to the previous trading day's close of $103.12.

FleetCor Technologies, Inc. provides fuel cards and workforce payment products and services to businesses, commercial fleets, oil companies, petroleum marketers, and government entities in North America, Latin America, and Europe. Fleetcor Technologies has a market cap of $7.9 billion and is part of the services sector. Shares are up 80.7% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Fleetcor Technologies a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Fleetcor Technologies as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. 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 Fleetcor Technologies 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 diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).
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