APO, SF And CACC, 3 Financial Services Stocks Pushing The Industry Lower
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 11 points (-0.1%) at 17,856 as of Thursday, Nov. 5, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,091 issues advancing vs. 1,846 declining with 161 unchanged.
The Financial Services industry currently sits down 0.2% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include
(
), down 2.8%, and
(
), down 1.1%. Top gainers within the industry include
(
), up 18.0%,
(
), up 13.6%,
(
), up 1.8%,
(
), up 1.1% and
(
), up 1.2%.
TheStreet would like to highlight 3 stocks pushing the industry lower today:
3.
(
) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Apollo Global Management is down $0.54 (-2.9%) to $18.43 on light volume. Thus far, 320,758 shares of Apollo Global Management exchanged hands as compared to its average daily volume of 949,600 shares. The stock has ranged in price between $18.43-$19.02 after having opened the day at $19.02 as compared to the previous trading day's close of $18.97.
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Apollo Global Management, LLC is a publicly owned investment manager. It primarily provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. The firm manages client focused portfolios. Apollo Global Management has a market cap of $3.3 billion and is part of the financial sector. Shares are down 19.6% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Apollo Global Management a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Apollo Global Management
as a
. The company's strengths can be seen in multiple areas, such as its increase in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. Get the full
Apollo Global Management Ratings Report
now.
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2. As of noon trading,
(
) is down $3.40 (-7.4%) to $42.50 on heavy volume. Thus far, 456,232 shares of Stifel Financial exchanged hands as compared to its average daily volume of 541,000 shares. The stock has ranged in price between $42.50-$44.58 after having opened the day at $44.45 as compared to the previous trading day's close of $45.90.
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Stifel Financial Corp., a financial holding company, provides retail and institutional wealth management, and investment banking services primarily in the United States. Stifel Financial has a market cap of $3.2 billion and is part of the financial sector. Shares are down 10.0% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Stifel Financial a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Stifel Financial
as a
. Among the primary strengths of the company is its revenue growth. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. Get the full
Stifel Financial Ratings Report
now.
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1. As of noon trading,
(
) is down $4.50 (-2.5%) to $175.82 on light volume. Thus far, 23,453 shares of Credit Acceptance exchanged hands as compared to its average daily volume of 145,800 shares. The stock has ranged in price between $175.02-$181.97 after having opened the day at $181.00 as compared to the previous trading day's close of $180.32.
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Credit Acceptance Corporation provides automobile dealers financing programs, and related products and services that enable them to sell vehicles to consumers. Credit Acceptance has a market cap of $3.8 billion and is part of the financial sector. Shares are up 32.2% year-to-date as of the close of trading on Wednesday. Currently there are no analysts that rate Credit Acceptance a buy, 3 analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Credit Acceptance
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, solid stock price performance and notable return on equity. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
Credit Acceptance Ratings Report
now.
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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the financial services industry could consider
(
) while those bearish on the financial services industry could consider
(
).