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.

If you liked this article you might like

IPOs That Should Be on Your Radar

3 Tech Setups That Look Tantalizing

4 Nice Setups for a Monday Morning

Google's Awkward Relationship With Uber Could Get Even More Complicated

Amazon's Jeff Bezos May Have a Challenger for Biggest Biceps in Silicon Valley