5 Stocks Pushing The Services Sector Downward
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One out of the three major indices are trading lower today with the Dow Jones Industrial Average (^DJI) trading up 5 points (0.0%) at 16,485 as of Friday, Dec. 27, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,370 issues advancing vs. 1,569 declining with 149 unchanged.
The Services sector currently sits down 0.2% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include Delta Air Lines (DAL), down 2.9%, GameStop (GME), down 2.6%, Whole Foods Market (WFM), down 2.0%, Netflix (NFLX), down 1.9% and Fleetcor Technologies (FLT), down 1.8%. Top gainers within the sector include Luxottica Group (LUX), up 3.2%, Cencosud (CNCO), up 1.9%, Delhaize Group (DEG), up 1.8%, LATAM Airlines Group S.A (LFL), up 1.7% and Tyco International (TYC), up 1.5%.
TheStreet would like to highlight 5 stocks pushing the sector lower today:
5. Dollar General Corporation (DG) is one of the companies pushing the Services sector lower today. As of noon trading, Dollar General Corporation is down $0.38 (-0.6%) to $60.55 on light volume. Thus far, 560,801 shares of Dollar General Corporation exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $60.49-$61.49 after having opened the day at $61.19 as compared to the previous trading day's close of $60.93.
Dollar General Corporation, a discount retailer, engages in the provision of various merchandise products in the United States. Dollar General Corporation has a market cap of $19.7 billion and is part of the retail industry. Shares are up 38.2% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Dollar General Corporation a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates Dollar General Corporation 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, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Dollar General Corporation Ratings Report now.