Leucadia National Corporation (LUK): Today's Featured Conglomerates 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.
(
) pushed the Conglomerates sector lower today making it today's featured Conglomerates laggard. The sector as a whole closed the day down 1.0%. By the end of trading, Leucadia National Corporation fell $0.55 (-2.0%) to $27.20 on average volume. Throughout the day, 1,134,046 shares of Leucadia National Corporation exchanged hands as compared to its average daily volume of 1,471,100 shares. The stock ranged in price between $27.16-$27.86 after having opened the day at $27.69 as compared to the previous trading day's close of $27.75. Other companies within the Conglomerates sector that declined today were:
(
), down 10.2%,
(
), down 5.2% and
(
), down 3.3%.
Leucadia National Corporation engages in investment banking, beef processing, manufacturing, telecommunications, gaming, real estate, energy, medical product development, and winery operations in the United States and internationally. Leucadia National Corporation has a market cap of $10.1 billion and is part of the food & beverage industry. Shares are up 16.3% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates
Leucadia National Corporation
as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Leucadia National Corporation Ratings Report.
- Use our conglomerates section to find sector-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the conglomerates sector could consider
(
) while those bearish on the conglomerates sector could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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