Charles Schwab Corp (SCHW): Today's Featured Financial 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

Charles Schwab ( SCHW) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day down 1.0%. By the end of trading, Charles Schwab fell $0.57 (-2.9%) to $19.01 on average volume. Throughout the day, 12,356,072 shares of Charles Schwab exchanged hands as compared to its average daily volume of 9,501,500 shares. The stock ranged in price between $18.94-$19.59 after having opened the day at $19.55 as compared to the previous trading day's close of $19.58. Other companies within the Financial sector that declined today were: Vestin Realty Mortgage I ( VRTA), down 14.6%, Vestin Realty Mortgage II ( VRTB), down 12.0%, Cash Store Financial Services ( CSFS), down 10.6% and Siebert Financial Corporation ( SIEB), down 8.8%.
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The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, money management, and financial advisory services to individuals and institutional clients. The company operates through two segments, Investor Services and Institutional Services. Charles Schwab has a market cap of $25.2 billion and is part of the financial services industry. The company has a P/E ratio of 28.5, above the S&P 500 P/E ratio of 17.7. Shares are up 36.4% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Charles Schwab a buy, 4 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Charles Schwab as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, First Security Group ( FSGI), down 8.4%, First Financial Service Corporation ( FFKY), down 7.0%, Power REIT ( PW), down 6.9% and Supertel Hospitality ( SPPR), down 5.3%.

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).

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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