3 Stocks Pushing The Diversified Services Industry 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 29 points (0.2%) at 17,012 as of Tuesday, July 29, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,550 issues advancing vs. 1,408 declining with 169 unchanged.

The Diversified Services industry currently sits up 0.3% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include New Oriental Education & Technology Group I ( EDU), down 2.1%, and SBA Communications ( SBAC), down 0.2%. Top gainers within the industry include Capella Education ( CPLA), up 10.4%, TAL Education Group ( XRS), up 8.4%, WageWorks ( WAGE), up 4.7%, Shutterstock ( SSTK), up 4.8% and Financial Engines ( FNGN), up 4.6%.

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

3. Paychex ( PAYX) is one of the companies pushing the Diversified Services industry lower today. As of noon trading, Paychex is down $0.21 (-0.5%) to $42.02 on average volume. Thus far, 700,090 shares of Paychex exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $41.94-$42.41 after having opened the day at $42.27 as compared to the previous trading day's close of $42.23.

Paychex, Inc., together with its subsidiaries, provides payroll, human resource, insurance, and benefits outsourcing solutions for small to medium-sized businesses in the United States and Germany. Paychex has a market cap of $15.4 billion and is part of the services sector. Shares are down 7.2% year-to-date as of the close of trading on Monday. Currently there is 1 analyst that rates Paychex a buy, 4 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Paychex as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Paychex 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, Moody's Corporation ( MCO) is down $0.65 (-0.7%) to $90.35 on average volume. Thus far, 450,715 shares of Moody's Corporation exchanged hands as compared to its average daily volume of 889,100 shares. The stock has ranged in price between $90.06-$91.43 after having opened the day at $91.02 as compared to the previous trading day's close of $91.00.

Moody's Corporation provides credit ratings; and credit, capital markets, and economic related research, data, and analytical tools worldwide. Moody's Corporation has a market cap of $19.6 billion and is part of the services sector. Shares are up 16.0% year-to-date as of the close of trading on Monday. Currently there are 4 analysts that rate Moody's Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Moody's Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, 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 Moody's Corporation 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, McGraw Hill Financial ( MHFI) is down $0.59 (-0.7%) to $81.41 on average volume. Thus far, 711,643 shares of McGraw Hill Financial exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $80.97-$83.00 after having opened the day at $82.96 as compared to the previous trading day's close of $82.00.

McGraw Hill Financial, Inc., a financial intelligence company, provides credit ratings, benchmarks, and analytics to capital and commodity markets worldwide. McGraw Hill Financial has a market cap of $22.3 billion and is part of the services sector. Shares are up 4.9% year-to-date as of the close of trading on Monday. Currently there are 7 analysts that rate McGraw Hill Financial a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates McGraw Hill Financial 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, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full McGraw Hill Financial 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

If you liked this article you might like

A New and Different Kind of Market: Cramer's 'Mad Money' Recap (Thursday 12/21)

A New and Different Kind of Market: Cramer's 'Mad Money' Recap (Thursday 12/21)

Every Business Is a Tech Business to Some Degree

Every Business Is a Tech Business to Some Degree

Tax Law, Wells Fargo, AT&T, Apple - 5 Things You Must Know

Tax Law, Wells Fargo, AT&T, Apple - 5 Things You Must Know

Apple, Banks, Earnings and All the Market News You Need in Under 60 Seconds

Apple, Banks, Earnings and All the Market News You Need in Under 60 Seconds

Paychex Stock Is Extended, Be Prepared for a Vicious Correction

Paychex Stock Is Extended, Be Prepared for a Vicious Correction