3 Diversified Services Stocks Dragging The Industry Down

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 105 points (0.6%) at 16,554 as of Tuesday, April 22, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,226 issues advancing vs. 749 declining with 155 unchanged.

The Diversified Services industry currently sits up 1.0% versus the S&P 500, which is up 0.6%. Top gainers within the industry include Rent-A-Center ( RCII), up 14.8%, Shutterstock ( SSTK), up 4.3%, Robert Half International ( RHI), up 2.1%, ManpowerGroup ( MAN), up 1.5% and Jacobs Engineering Group ( JEC), up 1.4%.

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

3. New Oriental Education & Technology Group I ( EDU) is one of the companies pushing the Diversified Services industry lower today. As of noon trading, New Oriental Education & Technology Group I is down $0.74 (-2.8%) to $26.05 on heavy volume. Thus far, 1.3 million shares of New Oriental Education & Technology Group I exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $26.04-$26.79 after having opened the day at $26.62 as compared to the previous trading day's close of $26.79.

New Oriental Education & Technology Group Inc. provides private educational services primarily in the People's Republic of China (PRC). New Oriental Education & Technology Group I has a market cap of $4.2 billion and is part of the services sector. Shares are down 14.9% year-to-date as of the close of trading on Monday. Currently there are 6 analysts that rate New Oriental Education & Technology Group I a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates New Oriental Education & Technology Group I as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full New Oriental Education & Technology Group I Ratings Report now.

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