Pandora Media Inc (P): Today's Featured Services Laggard

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.

Pandora Media ( P) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day down 0.6%. By the end of trading, Pandora Media fell $0.46 (-1.3%) to $36.07 on light volume. Throughout the day, 6,463,880 shares of Pandora Media exchanged hands as compared to its average daily volume of 8,817,100 shares. The stock ranged in price between $35.60-$36.80 after having opened the day at $36.71 as compared to the previous trading day's close of $36.53. Other companies within the Services sector that declined today were: General Employment ( JOB), down 18.0%, Green Dot ( GDOT), down 15.8%, Constant Contact ( CTCT), down 13.0% and Mecox Lane ( MCOX), down 12.1%.

Pandora Media, Inc. provides Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access unlimited hours of free music and comedy, as well as offers Pandora One, a paid subscription service to listeners. Pandora Media has a market cap of $6.4 billion and is part of the media industry. Shares are up 37.3% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Pandora Media a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Pandora Media as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and feeble growth in its earnings per share.

On the positive front, Hastings Entertainment ( HAST), up 32.0%, Natural Grocers by Vitamin Cottage ( NGVC), up 11.9%, MakeMyTrip ( MMYT), up 10.5% and Boyd Gaming Corporation ( BYD), up 10.5% , were all gainers within the services sector with Chipotle Mexican Grill ( CMG) being today's featured services sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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