3 Stocks Pushing The Leisure Industry Lower

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 22 points (-0.1%) at 16,065 as of Monday, Dec. 2, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,030 issues advancing vs. 1,883 declining with 116 unchanged.

The Leisure industry currently sits down 0.8% versus the S&P 500, which is unchanged.

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

3. Expedia ( EXPE) is one of the companies pushing the Leisure industry lower today. As of noon trading, Expedia is down $1.09 (-1.7%) to $62.60 on light volume. Thus far, 557,136 shares of Expedia exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $62.58-$63.77 after having opened the day at $63.60 as compared to the previous trading day's close of $63.69.

Expedia, Inc., together with its subsidiaries, operates as an online travel company in the United States and internationally. Expedia has a market cap of $7.4 billion and is part of the services sector. The company has a P/E ratio of 62.1, above the S&P 500 P/E ratio of 17.7. Shares are up 3.7% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Expedia a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Expedia as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, expanding profit margins, growth in earnings per share and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Expedia 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, McDonald's Corporation ( MCD) is down $0.92 (-0.9%) to $96.46 on average volume. Thus far, 2.4 million shares of McDonald's Corporation exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $96.33-$97.29 after having opened the day at $97.29 as compared to the previous trading day's close of $97.37.

McDonald's Corporation franchises and operates McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. Its restaurants offer various food items, soft drinks, coffee, and other beverages, as well as breakfast menus. McDonald's Corporation has a market cap of $96.6 billion and is part of the services sector. The company has a P/E ratio of 17.5, below the S&P 500 P/E ratio of 17.7. Shares are up 10.0% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate McDonald's Corporation a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates McDonald's Corporation 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, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full McDonald's 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.

1. As of noon trading, Priceline.com ( PCLN) is down $10.17 (-0.8%) to $1,182.16 on light volume. Thus far, 192,809 shares of Priceline.com exchanged hands as compared to its average daily volume of 606,700 shares. The stock has ranged in price between $1,179.27-$1,196.59 after having opened the day at $1,196.10 as compared to the previous trading day's close of $1,192.33.

priceline.com Incorporated operates as a online travel company. Priceline.com has a market cap of $61.1 billion and is part of the services sector. The company has a P/E ratio of 34.3, above the S&P 500 P/E ratio of 17.7. Shares are up 92.2% year to date as of the close of trading on Friday. Currently there are 16 analysts that rate Priceline.com a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Priceline.com as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, 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 Priceline.com 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 3 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).
null

If you liked this article you might like

What's Behind the Hound of Hades' Stock Market Rampage

What's Behind the Hound of Hades' Stock Market Rampage

Tech Giants Amazon, Microsoft, Google and IBM Keep Their Heads in the Cloud

Tech Giants Amazon, Microsoft, Google and IBM Keep Their Heads in the Cloud

Top 8 Internet Stocks to Own in 2018

Top 8 Internet Stocks to Own in 2018

Sabre Offers Upside Momentum

Sabre Offers Upside Momentum

Expedia Shows Some Momentum

Expedia Shows Some Momentum