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SLM Corp (SLM): Today's Featured Financial Services Loser

SLM (SLM) pushed the Financial Services industry lower today making it today's featured Financial Services loser. The industry as a whole closed the day up 0.7%. By the end of trading, SLM fell 21 cents (-1.3%) to $16.17 on average volume. Throughout the day, 4.8 million shares of SLM exchanged hands as compared to its average daily volume of four million shares. The stock ranged in price between $15.96-$16.44 after having opened the day at $16.42 as compared to the previous trading day's close of $16.38. Other company's within the Financial Services industry that declined today were: Millennium India Acquisition Corporation (SMCG), down 7.1%, Manhattan Bridge Capital (LOAN), down 4.8%, Gleacher (GLCH), down 4%, and Federal Agricultural Mortgage (AGM.A), down 3.7%.

SLM Corporation, through its subsidiaries, originates, acquires, finances, and services private education loans in the United States. It offers processing capabilities to educational institutions, 529 college-savings plan program management services, and a consumer savings network. SLM has a market cap of $7.96 billion and is part of the financial sector. The company has a P/E ratio of 16, above the average financial services industry P/E ratio of 15.4 and below the S&P 500 P/E ratio of 17.7. Shares are up 22.2% year to date as of the close of trading on Monday. Currently there are five analysts that rate SLM a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates SLM as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Ampal-American Israel Corporation (AMPL), up 15.7%, Siebert Financial Corporation (SIEB), up 7.1%, FBR (FBRC), up 6.8%, and FirstCity Financial Corporation (FCFC), up 6%, were all gainers within the financial services industry with Discover Financial Services (DFS) being today's featured financial services industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR (XLF) while those bearish on the financial services industry could consider Proshares Short Financials (SEF).

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