Morgan Stanley (MS): 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

Morgan Stanley ( MS) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day down 1.8%. By the end of trading, Morgan Stanley fell $0.96 (-3.7%) to $25.15 on average volume. Throughout the day, 25,823,568 shares of Morgan Stanley exchanged hands as compared to its average daily volume of 19,601,400 shares. The stock ranged in price between $24.94-$25.75 after having opened the day at $25.72 as compared to the previous trading day's close of $26.11. Other companies within the Financial sector that declined today were: Noah Holdings ( NOAH), down 14.9%, WisdomTree Investments ( WETF), down 12.0%, American Realty Investors ( ARL), down 11.6% and Global X Silver Miners ETF ( SIL), down 11.4%.
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Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. Morgan Stanley has a market cap of $51.6 billion and is part of the financial services industry. The company has a P/E ratio of 47.0, above the S&P 500 P/E ratio of 17.7. Shares are up 36.6% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Morgan Stanley a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Morgan Stanley as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, solid stock price performance 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, Credit Suisse ( DSLV), down 23.5%, First Acceptance Corporation ( FAC), down 14.0%, Magyar Bancorp ( MGYR), down 9.2% and InnSuites Hospitality ( IHT), down 6.6%.

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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