Hartford Financial Services Group Inc (HIG): 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.

Hartford Financial Services Group ( HIG) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day down 0.9%. By the end of trading, Hartford Financial Services Group fell $0.34 (-1.1%) to $29.60 on light volume. Throughout the day, 2,547,851 shares of Hartford Financial Services Group exchanged hands as compared to its average daily volume of 4,787,900 shares. The stock ranged in price between $29.45-$29.97 after having opened the day at $29.95 as compared to the previous trading day's close of $29.94. Other companies within the Financial sector that declined today were: Investors Capital Holdings ( ICH), down 15.4%, CommunityOne Bancorp ( COB), down 10.2%, Anchor Bancorp ( ANCB), down 8.1% and Dominion Resources Black Warrior ( DOM), down 7.5%.

The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services to individual and business customers primarily in the United States and Japan. Hartford Financial Services Group has a market cap of $13.5 billion and is part of the insurance industry. Shares are up 33.4% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Hartford Financial Services Group a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Hartford Financial Services Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Broadway Financial ( BYFC), up 21.9%, Homex Development ( HXM), up 15.2%, IFM Investments ( CTC), up 14.9% and Roberts Realty Investors ( RPI), up 13.1%.

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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