Simon Property Group Inc (SPG): Today's Featured Financial 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.

Simon Property Group ( SPG) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day down 0.5%. By the end of trading, Simon Property Group fell $4.39 (-2.9%) to $145.30 on average volume. Throughout the day, 1,736,850 shares of Simon Property Group exchanged hands as compared to its average daily volume of 1,394,200 shares. The stock ranged in price between $144.77-$149.69 after having opened the day at $149.18 as compared to the previous trading day's close of $149.69. Other companies within the Financial sector that declined today were: First Marblehead Corporation ( FMD), down 36.3%, China Commercial Credit ( CCCR), down 27.9%, Anchor Bancorp ( ANCB), down 8.8% and Consumer Portfolio Services ( CPSS), down 7.9%.

Simon Property Group, Inc. is an independent equity real estate investment trust. It engages in investment, ownership, and management of properties. The firm invests in the real estate markets across the globe. Simon Property Group has a market cap of $47.3 billion and is part of the real estate industry. Shares are down 5.3% year to date as of the close of trading on Thursday. Currently there are 15 analysts that rate Simon Property Group a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Simon Property Group as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Millennium India Acquisition Corporation ( SMCG), up 11.3%, United Fire Group ( UFCS), up 9.4%, Intermountain Community Bancorp ( IMCB), up 6.6% and Atlantic Coast Financial ( ACFC), up 6.2% , were all gainers within the financial sector with Lincoln National Corp (Radnor ( LNC) being today's featured financial sector leader.

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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