3 Stocks Dragging The Leisure 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 30 points (0.2%) at 16,949 as of Wednesday, Aug. 20, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,346 issues advancing vs. 1,589 declining with 185 unchanged.

The Leisure industry currently sits down 0.2% versus the S&P 500, which is up 0.1%.

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

3. Caesars Entertainment ( CZR) is one of the companies pushing the Leisure industry lower today. As of noon trading, Caesars Entertainment is down $0.66 (-4.7%) to $13.25 on average volume. Thus far, 459,222 shares of Caesars Entertainment exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $13.12-$13.84 after having opened the day at $13.83 as compared to the previous trading day's close of $13.91.

Caesars Entertainment Corporation owns, operates, or manages casino entertainment facilities. Its casino entertainment facilities include land-based casinos, riverboat or dockside casinos, and managed casinos, as well as casinos combined with a thoroughbred racetrack and a harness racetrack. Caesars Entertainment has a market cap of $2.0 billion and is part of the services sector. Shares are down 35.4% year-to-date as of the close of trading on Tuesday. Currently there are no analysts that rate Caesars Entertainment a buy, 3 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Caesars Entertainment as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full Caesars Entertainment 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, Melco Crown Entertainment ( MPEL) is down $0.20 (-0.7%) to $29.19 on light volume. Thus far, 963,457 shares of Melco Crown Entertainment exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $29.06-$29.36 after having opened the day at $29.23 as compared to the previous trading day's close of $29.39.

Melco Crown Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment resort facilities in Asia. Melco Crown Entertainment has a market cap of $16.3 billion and is part of the services sector. Shares are down 25.1% year-to-date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Melco Crown Entertainment a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Melco Crown Entertainment as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Melco Crown Entertainment 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, Chipotle Mexican Grill ( CMG) is down $4.40 (-0.7%) to $676.68 on light volume. Thus far, 116,840 shares of Chipotle Mexican Grill exchanged hands as compared to its average daily volume of 431,200 shares. The stock has ranged in price between $675.77-$680.76 after having opened the day at $680.76 as compared to the previous trading day's close of $681.08.

Chipotle Mexican Grill, Inc., together with its subsidiaries, develops and operates fast-casual and fresh Mexican food restaurants. As of July 21, 2014, it operated approximately 1,600 restaurants; and 7 ShopHouse Southeast Asian Kitchen restaurants. Chipotle Mexican Grill has a market cap of $21.2 billion and is part of the services sector. Shares are up 27.8% year-to-date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Chipotle Mexican Grill a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Chipotle Mexican Grill as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Chipotle Mexican Grill 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 leisure industry could consider PowerShares Dynamic Leisure&Entert ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).

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