CHS, WEN And TGT, 3 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 38 points (0.2%) at 16,236 as of Thursday, Feb. 27, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,761 issues advancing vs. 1,149 declining with 174 unchanged.

The Services sector currently sits up 0.4% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include LKQ Corporation ( LKQ), down 6.9%, New Oriental Education & Technology Group I ( EDU), down 5.0%, Staples ( SPLS), down 1.5% and Amazon.com ( AMZN), down 1.0%. Top gainers within the sector include J.C. Penney ( JCP), up 23.6%, Sears Holdings Corporation ( SHLD), up 6.2%, Lamar Advertising ( LAMR), up 5.2%, Fleetcor Technologies ( FLT), up 3.4% and Copart ( CPRT), up 3.4%.

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

3. Chico's FAS ( CHS) is one of the companies pushing the Services sector lower today. As of noon trading, Chico's FAS is down $1.47 (-8.2%) to $16.53 on heavy volume. Thus far, 7.7 million shares of Chico's FAS exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $16.08-$17.00 after having opened the day at $16.76 as compared to the previous trading day's close of $18.00.

Chico's FAS, Inc., together with its subsidiaries, operates as a specialty retailer of private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing items in the United States. Chico's FAS has a market cap of $2.8 billion and is part of the retail industry. Shares are down 4.5% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Chico's FAS a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Chico's FAS 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 and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Chico's FAS 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, Wendy's ( WEN) is down $0.31 (-3.1%) to $9.83 on average volume. Thus far, 4.6 million shares of Wendy's exchanged hands as compared to its average daily volume of 8.1 million shares. The stock has ranged in price between $9.81-$10.14 after having opened the day at $10.09 as compared to the previous trading day's close of $10.14.

The Wendy's Company, through its subsidiaries, owns and franchises Wendy's restaurant system. It engages in operating, developing, and franchising a system of distinctive quick-service restaurants. Wendy's has a market cap of $4.0 billion and is part of the leisure industry. Shares are up 16.4% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Wendy's a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Wendy's as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Wendy's 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, Target ( TGT) is down $0.34 (-0.6%) to $60.15 on average volume. Thus far, 3.4 million shares of Target exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $59.75-$60.52 after having opened the day at $60.42 as compared to the previous trading day's close of $60.49.

Target Corporation operates general merchandise stores in the United States. Target has a market cap of $35.7 billion and is part of the retail industry. Shares are down 4.4% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Target a buy, 3 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Target as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Target 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 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).

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