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

Allstate ( ALL) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole was unchanged today. By the end of trading, Allstate fell $0.72 (-1.4%) to $49.08 on heavy volume. Throughout the day, 5,974,081 shares of Allstate exchanged hands as compared to its average daily volume of 3,314,000 shares. The stock ranged in price between $48.53-$49.55 after having opened the day at $49.48 as compared to the previous trading day's close of $49.80. Other companies within the Financial sector that declined today were: First Security Group ( FSGI), down 10.3%, National Bank of Greece ( NBG), down 10.1%, Siebert Financial Corporation ( SIEB), down 9.0% and China HGS Real Estate ( HGSH), down 7.9%.
  • EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

The Allstate Corporation, through its subsidiaries, engages in the provision of personal property and casualty insurance, life insurance, and retirement and investment products primarily in the United States. Allstate has a market cap of $23.4 billion and is part of the insurance industry. The company has a P/E ratio of 10.8, below the S&P 500 P/E ratio of 17.7. Shares are up 24.0% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Allstate a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Allstate as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Transcontinental Realty Investors ( TCI), down 14.8%, Credit Suisse ( UOIL), down 12.8%, Manhattan Bridge Capital ( LOAN), down 10.1% and Credit Suisse ( DSLV), down 9.3% , were all gainers within the financial sector with HCP ( HCP) being today's featured financial sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.