NASDAQ OMX Group Inc. (NDAQ): 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.

NASDAQ OMX Group ( NDAQ) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day down 0.1%. By the end of trading, NASDAQ OMX Group fell $0.35 (-1.1%) to $30.79 on average volume. Throughout the day, 1,292,185 shares of NASDAQ OMX Group exchanged hands as compared to its average daily volume of 1,206,000 shares. The stock ranged in price between $30.70-$31.31 after having opened the day at $31.07 as compared to the previous trading day's close of $31.14. Other companies within the Financial Services industry that declined today were: First Marblehead Corporation ( FMD), down 36.3%, Consumer Portfolio Services ( CPSS), down 7.9%, Tiptree Financial ( CVTR), down 5.5% and Medallion Financial ( TAXI), down 3.4%.

The NASDAQ OMX Group, Inc. delivers trading, clearing, exchange technology, regulatory, securities listing, and public company services worldwide. NASDAQ OMX Group has a market cap of $5.3 billion and is part of the financial sector. Shares are up 27.9% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate NASDAQ OMX Group a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates NASDAQ OMX Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures 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, Millennium India Acquisition Corporation ( SMCG), up 11.3%, Ladenburg Thalman Financial Services ( LTS), up 6.2%, Noah Holdings ( NOAH), up 4.4% and MicroFinancial ( MFI), up 3.7% , were all gainers within the financial services industry with Principal Financial Group ( PFG) 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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