Charles Schwab

(

SCHW

) pushed the Financial Services industry lower today making it today's featured Financial Services loser. The industry as a whole closed the day down 2.1%. By the end of trading, Charles Schwab fell 58 cents (-4.5%) to $12.28 on average volume. Throughout the day, 16.2 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 18.8 million shares. The stock ranged in price between $12.28-$12.73 after having opened the day at $12.64 as compared to the previous trading day's close of $12.86. Other company's within the Financial Services industry that declined today were:

Fortress Investment Group

(

FIG

), down 11.9%,

Ampal-American Israel Corporation

(

AMPL

), down 11.9%,

Jefferies Group Inc

(

JEF

), down 9.9%, and

Janus Capital Group Inc

(

JNS

), down 9.1%.

The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, and related financial services to individuals and institutional clients. Charles Schwab has a market cap of $14.7 billion and is part of the

financial

sector. The company has a P/E ratio of 18.2, above the average financial services industry P/E ratio of 17.9 and above the S&P 500 P/E ratio of 17.7. Shares are down 21.6% year to date as of the close of trading on Friday.

TheStreet Ratings rates Charles Schwab as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and premium valuation.

On the positive front,

Merriman Holdings Inc

(

MERR

), up 12.5%,

Marine Petroleum

(

MARPS

), up 6.6%,

Paulson Capital

(

PLCC

), up 5.3%, and

Community Bankers Trust Corporation

(

BTC

), up 5%, were all gainers within the financial services industry with

Interactive Brokers Group Inc

(

IBKR

) being today's featured financial services industry winner.

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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