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Goldman Sachs Group Inc (GS): Today's Featured Financial Services 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.

Goldman Sachs Group ( GS) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Goldman Sachs Group fell $2.51 (-1.4%) to $175.88 on average volume. Throughout the day, 2,809,540 shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 2,888,000 shares. The stock ranged in price between $175.69-$178.30 after having opened the day at $178.00 as compared to the previous trading day's close of $178.39. Other companies within the Financial Services industry that declined today were: Direxion Daily Gold Miners Bear 3X Shares ( DUST), down 9.3%, iPath Pure Beta Sugar ETN ( SGAR), down 8.5%, Direxion Daily Natural Gas Related Bull 3X ( GASL), down 7.4% and Direxion Daily Energy Bull 3X Shares ( ERX), down 6.0%.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Goldman Sachs Group has a market cap of $80.4 billion and is part of the financial sector. The company has a P/E ratio of 10.8, below the S&P 500 P/E ratio of 17.7. Shares are up 0.6% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Goldman Sachs Group a buy, 1 analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, expanding profit margins, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Cash Store Financial Services ( CSFS), up 12.4%, SPDR Russell 1000 ETF ( ONEK), up 11.7%, Barclays Short B Leveraged Inverse S&P 500 ( BXDB), up 9.5% and Direxion Daily Gold Miners Bull 3X Shares ( NUGT), up 8.8%.

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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