Leucadia National Corporation (LUK): Today's Featured Conglomerates 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.

Leucadia National Corporation ( LUK) pushed the Conglomerates sector lower today making it today's featured Conglomerates laggard. The sector as a whole closed the day down 0.3%. By the end of trading, Leucadia National Corporation fell $0.27 (-1.0%) to $25.74 on light volume. Throughout the day, 598,058 shares of Leucadia National Corporation exchanged hands as compared to its average daily volume of 1,303,800 shares. The stock ranged in price between $25.72-$26.12 after having opened the day at $26.02 as compared to the previous trading day's close of $26.01. Other companies within the Conglomerates sector that declined today were: Global Eagle Entertainment ( ENT), down 3.4% and Harbinger Group ( HRG), down 1.8%.

Leucadia National Corporation engages in investment banking, beef processing, manufacturing, telecommunications, gaming, real estate, energy, medical product development, and winery operations in the United States and internationally. Leucadia National Corporation has a market cap of $9.3 billion and is part of the food & beverage industry. Shares are up 7.7% year to date as of the close of trading on Friday.

TheStreet Ratings rates Leucadia National Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in stock price during the past year, reasonable valuation levels, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, AcelRx Pharmaceuticals ( ACRX), up 1.9% and Capitol Acquisition Corp II ( CLACU), up 1.7%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the conglomerates sector could consider SPDR Trust Series 1 ( SPY) while those bearish on the conglomerates sector could consider ProShares Short S&P 500 ( SH).

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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