JEC, TYC And HTZ, Pushing 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 5 points (0.0%) at 17,085 as of Friday, Aug. 29, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,872 issues advancing vs. 1,050 declining with 205 unchanged.

The Diversified Services industry currently sits up 0.3% versus the S&P 500, which is up 0.2%. A company within the industry that fell today was Visa ( V), up 0.8%. A company within the industry that increased today was Fleetcor Technologies ( FLT), up 0.5%.

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

3. Jacobs Engineering Group ( JEC) is one of the companies pushing the Diversified Services industry lower today. As of noon trading, Jacobs Engineering Group is down $0.58 (-1.1%) to $53.73 on light volume. Thus far, 249,213 shares of Jacobs Engineering Group exchanged hands as compared to its average daily volume of 960,100 shares. The stock has ranged in price between $53.52-$54.49 after having opened the day at $54.35 as compared to the previous trading day's close of $54.31.

Jacobs Engineering Group Inc. provides technical, professional, and construction services to various industrial, commercial, and governmental clients worldwide. Jacobs Engineering Group has a market cap of $7.2 billion and is part of the services sector. Shares are down 13.8% year-to-date as of the close of trading on Thursday. Currently there are 10 analysts that rate Jacobs Engineering Group a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Jacobs Engineering Group 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 and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Jacobs Engineering 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, Tyco International ( TYC) is down $0.24 (-0.5%) to $44.45 on light volume. Thus far, 666,923 shares of Tyco International exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $44.31-$44.80 after having opened the day at $44.72 as compared to the previous trading day's close of $44.69.

Tyco International Ltd. provides security, fire detection, suppression, and life safety products and services worldwide. Tyco International has a market cap of $19.8 billion and is part of the services sector. Shares are up 8.9% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts that rate Tyco International a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Tyco International 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, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Tyco International 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, Hertz Global Holdings ( HTZ) is down $1.01 (-3.4%) to $29.20 on average volume. Thus far, 6.1 million shares of Hertz Global Holdings exchanged hands as compared to its average daily volume of 9.4 million shares. The stock has ranged in price between $29.19-$30.35 after having opened the day at $30.14 as compared to the previous trading day's close of $30.21.

Hertz Global Holdings, Inc., through its subsidiaries, is engaged in the car and equipment rental businesses worldwide. It operates through four segments: U.S. Car Rental, International Car Rental, Worldwide Equipment Rental, and All Other Operations. Hertz Global Holdings has a market cap of $13.8 billion and is part of the services sector. Shares are up 5.6% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts that rate Hertz Global Holdings a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Hertz Global Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, good cash flow from operations, solid stock price performance and expanding profit margins. 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 Hertz Global Holdings 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).

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