3 Stocks Dragging In The Services Sector

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 14 points (-0.1%) at 16,929 as of Tuesday, June 10, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 966 issues advancing vs. 1,989 declining with 165 unchanged.

The Services sector currently sits down 0.3% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include AthenaHealth ( ATHN), down 3.9%, Hertz Global Holdings ( HTZ), down 2.6%, Grupo Televisa SAB ( TV), down 2.6%, eBay ( EBAY), down 2.3% and Wynn Resorts ( WYNN), down 2.2%. Top gainers within the sector include New Oriental Education & Technology Group I ( EDU), up 3.5%, Netflix ( NFLX), up 1.9% and Amazon.com ( AMZN), up 1.8%.

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

3. Starbucks ( SBUX) is one of the companies pushing the Services sector lower today. As of noon trading, Starbucks is down $0.82 (-1.1%) to $74.36 on light volume. Thus far, 1.5 million shares of Starbucks exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $74.35-$75.44 after having opened the day at $75.25 as compared to the previous trading day's close of $75.18.

Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. Its stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single serve products, and juices and bottled water. Starbucks has a market cap of $56.7 billion and is part of the leisure industry. Shares are down 4.1% year-to-date as of the close of trading on Monday. Currently there are 17 analysts that rate Starbucks a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Starbucks as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Starbucks 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, CVS Caremark ( CVS) is down $0.71 (-0.9%) to $77.84 on light volume. Thus far, 1.3 million shares of CVS Caremark exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $77.82-$78.46 after having opened the day at $78.43 as compared to the previous trading day's close of $78.55.

CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. The company operates through Pharmacy Services and Retail Pharmacy segments. CVS Caremark has a market cap of $92.3 billion and is part of the retail industry. Shares are up 9.8% year-to-date as of the close of trading on Monday. Currently there are 15 analysts that rate CVS Caremark a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates CVS Caremark as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full CVS Caremark 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, Priceline Group ( PCLN) is down $8.15 (-0.7%) to $1,221.77 on light volume. Thus far, 316,144 shares of Priceline Group exchanged hands as compared to its average daily volume of 970,700 shares. The stock has ranged in price between $1,218.96-$1,240.89 after having opened the day at $1,230.01 as compared to the previous trading day's close of $1,229.92.

The Priceline Group Inc. operates as an online travel company. Priceline Group has a market cap of $64.9 billion and is part of the diversified services industry. Shares are up 5.8% year-to-date as of the close of trading on Monday. Currently there are 16 analysts that rate Priceline Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Priceline Group 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, solid stock price performance, impressive record of earnings per share growth and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Priceline Group 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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