4 Stocks Pushing The Services Sector 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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 22 points (0.1%) at 15,897 as of Wednesday, Dec. 18, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,497 issues advancing vs. 1,411 declining with 169 unchanged.

The Services sector currently sits up 0.1% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include AerCap Holdings N.V ( AER), down 3.1%, Cencosud ( CNCO), down 2.7%, Mercadolibre ( MELI), down 2.4%, LATAM Airlines Group S.A ( LFL), down 2.0% and Ryanair Holdings ( RYAAY), down 1.6%. Top gainers within the sector include Valassis Communications ( VCI), up 21.3%, CVS Caremark ( CVS), up 2.6%, Luxottica Group ( LUX), up 2.0%, Western Union Company ( WU), up 1.7% and Comcast ( CMCSK), up 1.0%.

TheStreet would like to highlight 4 stocks pushing the sector lower today:

4. Charter Communications ( CHTR) is one of the companies pushing the Services sector lower today. As of noon trading, Charter Communications is down $1.11 (-0.8%) to $129.00 on light volume. Thus far, 134,209 shares of Charter Communications exchanged hands as compared to its average daily volume of 813,700 shares. The stock has ranged in price between $128.83-$130.90 after having opened the day at $130.51 as compared to the previous trading day's close of $130.11.

Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States. Charter Communications has a market cap of $13.7 billion and is part of the media industry. Shares are up 72.3% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Charter Communications a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Charter Communications as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and poor profit margins. Get the full Charter Communications 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

A Sprint/T-Mobile Deal Still Faces Big Hurdles, Especially for Sprint

Cut the Cord on Charter Communications Stock?

Sprint and T-Mobile Turn Uncharacteristically Quiet About Merger Possibilities

Verizon Hints at Another Acquisition in Battle Against Google, Facebook

Verizon No Longer Interested in Buying a Cable Operator, CEO Says