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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Charles Schwab ( SCHW) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Charles Schwab fell $0.23 (-1.0%) to $22.31 on light volume. Throughout the day, 5,679,352 shares of Charles Schwab exchanged hands as compared to its average daily volume of 10,645,300 shares. The stock ranged in price between $22.30-$22.79 after having opened the day at $22.63 as compared to the previous trading day's close of $22.54. Other companies within the Financial Services industry that declined today were: CorEnergy Infrastructure ( CORR), down 10.3%, Paulson Capital ( PLCC), down 7.4%, Golub Capital BDC Inc. Class B ( GBDC), down 4.3% and KCG Holdings Inc Class A ( KCG), down 3.4%.

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 $28.7 billion and is part of the financial sector. Shares are up 57.0% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Charles Schwab a buy, 4 analysts rate it a sell, and 7 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, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, GAIN Capital Holdings ( GCAP), up 21.4%, Federal Agricultural Mortgage ( AGM.A), up 9.0%, Global X Silver Miners ETF ( SIL), up 8.2% and US Global Investors ( GROW), up 7.3% , 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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