Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Conglomerates sector higher today making it today's featured conglomerates winner. The sector as a whole closed the day up 0.9%. By the end of trading, Leucadia National Corporation rose $0.73 (2.4%) to $30.89 on average volume. Throughout the day, 1,990,095 shares of Leucadia National Corporation exchanged hands as compared to its average daily volume of 2,105,500 shares. The stock ranged in a price between $30.10-$30.89 after having opened the day at $30.51 as compared to the previous trading day's close of $30.16. Other companies within the Conglomerates sector that increased today were:
SCG Financial Acquistion
), up 8.8%,
), up 8.8% and
), up 2.7%.
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Leucadia National Corporation engages in beef processing, manufacturing, gaming entertainment, real estate activities, medical product development, and winery operations in the United States and internationally. Leucadia National Corporation has a market cap of $7.4 billion and is part of the food & beverage industry. The company has a P/E ratio of 8.8, below the S&P 500 P/E ratio of 17.7. Shares are up 26.1% year to date as of the close of trading on Monday.
TheStreet Ratings rates Leucadia National Corporation as a
. 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, solid stock price performance, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Leucadia National Corporation Ratings Report.
On the negative front,
), down 2.9% and
), down 2.3%.
- Use our conglomerates section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
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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