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KKR & Co LP (KKR): Today's Featured Financial Laggard

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.

KKR ( KKR) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole was unchanged today. By the end of trading, KKR fell $0.28 (-1.1%) to $24.15 on light volume. Throughout the day, 1,088,379 shares of KKR exchanged hands as compared to its average daily volume of 2,199,600 shares. The stock ranged in price between $24.10-$24.54 after having opened the day at $24.44 as compared to the previous trading day's close of $24.43. Other companies within the Financial sector that declined today were: PowerShares DB Agriculture Long ETN ( AGF), down 11.0%, iPath Dow Jones-UBS Tin Total Return Sub-In ( JJT), down 9.2%, Credit Suisse ( UGAZ), down 8.8% and ProShares UltraShort Russell MidCap Value ( SJL), down 6.2%.

Kohlberg Kravis Roberts & Co. is a private equity investment firm specializing in acquisitions, leveraged buyouts, management buyouts, special situations, growth equity, mature, and middle market investments. KKR has a market cap of $7.0 billion and is part of the financial services industry. Shares are up 60.4% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate KKR a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates KKR as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, PowerShares DB Crude Oil Long ETN ( OLO), up 10.1%, Gaming and Leisure Properties ( GLPI), up 9.0%, Credit Suisse ( DGAZ), up 8.8% and UBS E-TRACS CMCI Livestock Total Return ETN ( UBC), up 8.6% , were all gainers within the financial sector with UBS ( UBS) being today's featured financial sector leader.

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

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