3 Stocks Dragging The Leisure Industry Downward

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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.

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