TD Ameritrade Holding Corporation (AMTD): Today's Featured Financial Services Laggard

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

TD Ameritrade Holding Corporation ( AMTD) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day down 0.2%. By the end of trading, TD Ameritrade Holding Corporation fell $0.24 (-1.0%) to $23.20 on average volume. Throughout the day, 4,521,135 shares of TD Ameritrade Holding Corporation exchanged hands as compared to its average daily volume of 3,682,700 shares. The stock ranged in price between $22.78-$23.71 after having opened the day at $23.69 as compared to the previous trading day's close of $23.44. Other companies within the Financial Services industry that declined today were: Atlanticus Holdings ( ATLC), down 13.0%, Marine Petroleum ( MARPS), down 8.3%, Nomura Holdings ( NMR), down 6.5% and Mesa Royalty ( MTR), down 6.3%.
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TD Ameritrade Holding Corporation provides securities brokerage services and technology-based financial services to retail investors, traders, and independent registered investment advisors (RIAs) in the United States. TD Ameritrade Holding Corporation has a market cap of $13.2 billion and is part of the financial sector. The company has a P/E ratio of 22.4, above the S&P 500 P/E ratio of 17.7. Shares are up 39.6% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate TD Ameritrade Holding Corporation a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates TD Ameritrade Holding Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, First Marblehead Corporation ( FMD), down 7.6%, Paulson Capital ( PLCC), down 6.5%, Fortress Investment Group ( FIG), down 5.5% and NewStar Financial ( NEWS), down 4.8% , were all gainers within the financial services industry with American Express ( AXP) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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