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Charles Schwab Corp (SCHW): 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.

Charles Schwab ( SCHW) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day down 0.2%. By the end of trading, Charles Schwab fell $0.53 (-1.9%) to $27.37 on heavy volume. Throughout the day, 13,992,065 shares of Charles Schwab exchanged hands as compared to its average daily volume of 7,970,100 shares. The stock ranged in price between $27.36-$28.04 after having opened the day at $27.94 as compared to the previous trading day's close of $27.90. Other companies within the Financial sector that declined today were: Desarrolladora Homex SAB de CV ADR ( HXM), down 8.0%, Income Opportunity Realty Investors ( IOT), down 7.7%, IFM Investments ( CTC), down 7.1% and E*Trade Financial ( ETFC), down 6.5%.

The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, money management, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services. Charles Schwab has a market cap of $35.7 billion and is part of the financial services industry. Shares are up 7.3% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Charles Schwab a buy, 3 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Charles Schwab as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, compelling growth in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the positive front, American Spectrum Realty ( AQQ), up 10.4%, Roberts Realty Investors ( RPI), up 6.7%, WVS Financial ( WVFC), up 6.5% and OptimumBank Holdings ( OPHC), up 6.0% , were all gainers within the financial sector with XL Group ( XL) 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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