The

conglomerates

sector closed the day up 2.2%.

Lydall Inc

(

LDL

) and

MGT Capital Investments Inc

(

MGT

) were all winners today within the conglomerates sector with

Leucadia National Corporation

(

LUK

) being today's featured conglomerates winner. Leucadia National Corporation rose 83 cents (3.6%) to $23.87 on average volume. Throughout the day, 1.4 million shares of Leucadia National Corporation exchanged hands as compared to its average daily volume of one million shares.

Leucadia National Corporation engages in manufacturing, telecommunications, land based contract oil and gas drilling, property management and services, gaming entertainment, real estate activities, medical product development, and winery operations in the United States. Leucadia National Corporation has a market cap of $5.8 billion and is part of the

conglomerates

industry. The company has a P/E ratio of 9.2, above the average conglomerates industry P/E ratio of 2.7 and below the S&P 500 P/E ratio of 17.7. Shares are down 18.6% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Leucadia as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good.

On the negative front,

TheStreet Recommends

Danaher Corporation

(

DHR

) and

Rayonier Inc

(

RYN

) were all losers within the conglomerates sector with

Tredegar Corporation

(

TG

) being today's conglomerates sector Loser Spotlight stock.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the conglomerates sector could consider

SPDR Trust Series one

(

SPY

) while those bearish on the conglomerates sector could consider

ProShares Short S&P 500

(

SH

).

null