Invesco Ltd. (IVZ): 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.

Invesco ( IVZ) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day down 1.1%. By the end of trading, Invesco fell $0.50 (-1.6%) to $30.36 on light volume. Throughout the day, 2,372,305 shares of Invesco exchanged hands as compared to its average daily volume of 3,564,900 shares. The stock ranged in price between $30.23-$30.96 after having opened the day at $30.96 as compared to the previous trading day's close of $30.86. Other companies within the Financial Services industry that declined today were: Investors Capital Holdings ( ICH), down 15.4%, Dominion Resources Black Warrior ( DOM), down 7.5%, Paulson Capital ( PLCC), down 6.0% and JMP Group ( JMP), down 4.5%.

Invesco Ltd. is a publicly owned investment manager. It primarily provides its services to institutional clients including major public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, and financial institutions. Invesco has a market cap of $13.5 billion and is part of the financial sector. Shares are up 18.3% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Invesco a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Invesco as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, RCS Capital Corp Class A ( RCAP), up 3.0%, Artisan Partners Asset Management ( APAM), up 2.9%, US Global Investors ( GROW), up 2.6% and China Ceramics ( CCCL), up 2.4%.

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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