MGM, WYNN, LVS, FOXA And CMCSA, 5 Services Stocks Pushing The 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 14 points (0.1%) at 16,456 as of Friday, Jan. 3, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,718 issues advancing vs. 1,181 declining with 172 unchanged.

The Services sector currently sits up 0.4% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include Ctrip.com International ( CTRP), down 6.4%, Synnex Corporation ( SNX), down 3.9%, AerCap Holdings N.V ( AER), down 3.2%, GNC Holdings ( GNC), down 3.1% and Sears Holdings Corporation ( SHLD), down 1.9%. Top gainers within the sector include Rite Aid Corporation ( RAD), up 7.6%, Team Health Holdings ( TMH), up 3.9%, Advance Auto Parts ( AAP), up 3.5%, United Continental Holdings ( UAL), up 3.3% and Caesars Entertainment ( CZR), up 3.2%.

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

5. MGM Resorts International ( MGM) is one of the companies pushing the Services sector lower today. As of noon trading, MGM Resorts International is down $0.19 (-0.8%) to $23.53 on light volume. Thus far, 2.9 million shares of MGM Resorts International exchanged hands as compared to its average daily volume of 9.0 million shares. The stock has ranged in price between $23.36-$23.89 after having opened the day at $23.80 as compared to the previous trading day's close of $23.72.

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts. The company operates in two segments, Wholly Owned Domestic Resorts and MGM China. Its resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. MGM Resorts International has a market cap of $11.5 billion and is part of the leisure industry. Shares are up 0.8% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate MGM Resorts International a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates MGM Resorts International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and increase in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and weak operating cash flow. Get the full MGM Resorts International Ratings Report now.

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