3 Stocks Pushing The Diversified Services Industry 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 77 points (-0.5%) at 16,767 as of Thursday, June 12, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,294 issues advancing vs. 1,659 declining with 161 unchanged.

The Diversified Services industry currently is unchanged today versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include Air Lease ( AL), down 4.9%, Maximus ( MMS), down 3.0%, Ulta Salon Cosmetics & Fragrances ( ULTA), down 2.5%, AerCap Holdings ( AER), down 2.0% and Western Union ( WU), down 1.1%.

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

3. Avis Budget Group ( CAR) is one of the companies pushing the Diversified Services industry lower today. As of noon trading, Avis Budget Group is down $1.14 (-1.9%) to $57.21 on average volume. Thus far, 756,648 shares of Avis Budget Group exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $56.52-$58.35 after having opened the day at $58.26 as compared to the previous trading day's close of $58.35.

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. The company has three segments: North America, International, and Truck Rental. Avis Budget Group has a market cap of $6.3 billion and is part of the services sector. Shares are up 44.4% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Avis Budget Group a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Avis Budget Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity. Get the full Avis Budget 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.

2. As of noon trading, Alliance Data Systems ( ADS) is down $2.05 (-0.8%) to $264.99 on light volume. Thus far, 126,838 shares of Alliance Data Systems exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $263.07-$267.09 after having opened the day at $265.14 as compared to the previous trading day's close of $267.04.

Alliance Data Systems Corporation provides marketing and loyalty solutions in the United States, Canada, and other countries. Alliance Data Systems has a market cap of $14.4 billion and is part of the services sector. Shares are up 1.6% year-to-date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Alliance Data Systems a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Alliance Data Systems as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Alliance Data Systems 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, MasterCard ( MA) is down $0.60 (-0.8%) to $76.27 on light volume. Thus far, 1.4 million shares of MasterCard exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $76.18-$77.14 after having opened the day at $76.98 as compared to the previous trading day's close of $76.87.

MasterCard Incorporated provides transaction processing and other payment-related services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related products and services. MasterCard has a market cap of $86.9 billion and is part of the financial sector. Shares are down 8.0% year-to-date as of the close of trading on Wednesday. Currently there are 18 analysts that rate MasterCard a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates MasterCard 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, impressive record of earnings per share growth, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full MasterCard 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 diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).

null

More from Markets

Are the World's Biggest FANG Stocks Screaming Buys?

Are the World's Biggest FANG Stocks Screaming Buys?

Video: What to Expect From Microsoft's Earnings Thursday

Video: What to Expect From Microsoft's Earnings Thursday

Top Strategist Reveals the Stocks to Focus On For the Last Half of 2018

Top Strategist Reveals the Stocks to Focus On For the Last Half of 2018

How to Play Splunk as Cloud Names Soar

How to Play Splunk as Cloud Names Soar

Rewind: Jim Cramer Says the Cloud Kings Will Be the New FAANG

Rewind: Jim Cramer Says the Cloud Kings Will Be the New FAANG