Today's Financial Services Industry Featured Laggard: NASDAQ OMX Group Inc. (NDAQ)

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.

NASDAQ OMX Group ( NDAQ) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day up 0.3%. By the end of trading, NASDAQ OMX Group fell $4.10 (-12.8%) to $27.91 on heavy volume. Throughout the day, 11.4 million shares of NASDAQ OMX Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock ranged in price between $27.72-$30.11 after having opened the day at $30.11 as compared to the previous trading day's close of $32.01. Other companies within the Financial Services industry that declined today were: US Global Investors ( GROW), down 9.1%, Pzena Investment Management ( PZN), down 7.5%, Security National Financial Corporation ( SNFCA), down 3.4%, and Global X Silver Miners ETF ( SIL), down 3.3%.
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The NASDAQ OMX Group, Inc. delivers trading, clearing, exchange technology, regulatory, securities listing, and public company services worldwide. NASDAQ OMX Group has a market cap of $5.35 billion and is part of the financial sector. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7. Shares are up 28.1% year to date as of the close of trading on Monday. Currently there are six analysts that rate NASDAQ OMX Group a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates NASDAQ OMX Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, BGC Partners ( BGCP), up 48.6%, China Ceramics ( CCCL), up 7.2%, Apollo Global Management ( APO), up 5.7%, and Orix Corporation ( IX), up 5.2%, were all gainers within the financial services industry with BlackRock ( BLK) being today's featured financial services industry leader.

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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