Apollo Global Management LLC (APO): Today's Featured Financial Services Winner

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

Apollo Global Management ( APO) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day down 0.7%. By the end of trading, Apollo Global Management rose $0.27 (1.1%) to $23.79 on light volume. Throughout the day, 934,494 shares of Apollo Global Management exchanged hands as compared to its average daily volume of 1,559,200 shares. The stock ranged in a price between $23.23-$24.75 after having opened the day at $24.34 as compared to the previous trading day's close of $23.52. Other companies within the Financial Services industry that increased today were: Millennium India Acquisition Corporation ( SMCG), up 15.4%, GAIN Capital Holdings ( GCAP), up 3.6%, PowerShares DB Agriculture Double Short ETN ( AGA), up 3.6% and Mesa Royalty ( MTR), up 3.4%.
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Apollo Global Management, LLC is a publicly owned investment manager. The firm primarily provides its services to pension and endowment funds, institutional investors, individual investors, pooled investment vehicles, and corporations. Apollo Global Management has a market cap of $3.2 billion and is part of the financial sector. The company has a P/E ratio of 8.2, below the S&P 500 P/E ratio of 17.7. Shares are up 35.5% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Apollo Global Management a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Apollo Global Management as a sell. The area that we feel has been the company's primary weakness has been its feeble growth in its earnings per share.

On the negative front, Medley Capital ( MCC), down 7.0%, Paulson Capital ( PLCC), down 6.7%, Cash Store Financial Services ( CSFS), down 6.5% and Virtus Investment Partners ( VRTS), down 5.0% , were all laggards within the financial services industry with Discover Financial Services ( DFS) being today's financial services industry laggard.

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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