3 Stocks Dragging The Services Sector Downward

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 54 points (-0.3%) at 17,085 as of Thursday, July 17, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 855 issues advancing vs. 2,057 declining with 204 unchanged.

The Services sector currently sits down 0.5% versus the S&P 500, which is down 0.5%. On the negative front, top decliners within the sector include AutoNation ( AN), down 7.2%, LATAM Airlines Group ( LFL), down 2.9%, Melco Crown Entertainment ( MPEL), down 2.7%, Vipshop Holdings ( VIPS), down 1.9% and United Continental Holdings ( UAL), down 1.8%. Top gainers within the sector include Time Warner ( TWX), up 3.3%, Canadian Pacific Railway ( CP), up 3.3%, CBS ( CBS), up 2.3%, Michael Kors Holdings ( KORS), up 2.1% and eBay ( EBAY), up 2.0%.

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 $0.66 (-0.8%) to $78.07 on average volume. Thus far, 1.8 million shares of Starbucks exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $77.46-$78.46 after having opened the day at $78.12 as compared to the previous trading day's close of $78.73.

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 $59.4 billion and is part of the leisure industry. Shares are up 0.4% year-to-date as of the close of trading on Wednesday. Currently there are 18 analysts that rate Starbucks a buy, no analysts rate it a sell, and 4 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.

If you liked this article you might like

These Powerful Corporate Executives Could Make a Run at the Presidency in 2020

The 10 Craziest Pumpkin Spice Items You Can Buy off Amazon

Sorry Elon Musk but Artificial Intelligence Grows Jobs: Domino's Pizza CEO

Cramer: Dominoes Are in Play Today

Ray Dalio Also Thinks AI Will Be a Killer Just Like Tesla's Elon Musk Does