5 Stocks Pushing 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 49 points (0.3%) at 16,147 as of Friday, Nov. 29, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,869 issues advancing vs. 987 declining with 109 unchanged.

The Services sector currently sits up 0.5% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the sector include Net 1 Ueps Technologies ( UEPS), down 29.0%, Renren ( RENN), down 10.9%, Cencosud ( CNCO), down 1.1% and United Continental Holdings ( UAL), down 1.0%. Top gainers within the sector include Sirius XM Radio ( SIRI), up 2.0%, Luxottica Group ( LUX), up 2.0%, Canadian Pacific Railway ( CP), up 1.8%, Shaw Communications ( SJR), up 1.7% and Genuine Parts Company ( GPC), up 1.6%.

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

5. Companhia Brasileira De Distribuicao ( CBD) is one of the companies pushing the Services sector lower today. As of noon trading, Companhia Brasileira De Distribuicao is down $0.94 (-2.0%) to $47.05 on light volume. Thus far, 180,360 shares of Companhia Brasileira De Distribuicao exchanged hands as compared to its average daily volume of 503,900 shares. The stock has ranged in price between $47.03-$47.43 after having opened the day at $47.16 as compared to the previous trading day's close of $47.99.

Companhia Brasileira de Distribuic o engages in the retail of food and non-food products to individual consumers through its chain of hypermarkets, supermarkets, specialized and department stores, and e-commerce. Companhia Brasileira De Distribuicao has a market cap of $12.7 billion and is part of the retail industry. The company has a P/E ratio of 48.5, above the S&P 500 P/E ratio of 17.7. Shares are up 8.1% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Companhia Brasileira De Distribuicao a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Companhia Brasileira De Distribuicao as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income and increase in stock price during the past year. 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 Companhia Brasileira De Distribuicao 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 liked this article you might like

These 5 Mid-Cap Stocks Are Breaking Out in October

Companhia Brasileira De Distribuicao (CBD) Is Today's Dead Cat Bounce Stock

Thursday's Ex-Dividends To Watch: PTXP, CBD, BMO

Companhia Brasileira De Distribuicao (CBD) Stock: Weak On High Volume Today

3 Stocks Pulling The Retail Industry Downward