CBOE Holdings Inc. (CBOE): 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.

CBOE Holdings ( CBOE) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day up 0.8%. By the end of trading, CBOE Holdings fell $0.86 (-1.9%) to $45.03 on heavy volume. Throughout the day, 1,548,062 shares of CBOE Holdings exchanged hands as compared to its average daily volume of 667,900 shares. The stock ranged in price between $44.60-$46.52 after having opened the day at $46.30 as compared to the previous trading day's close of $45.89. Other companies within the Financial Services industry that declined today were: Paulson Capital ( PLCC), down 14.5%, Oppenheimer Holdings ( OPY), down 3.1%, Carlyle Group ( CG), down 3.1% and Dominion Resources Black Warrior ( DOM), down 3.0%.

CBOE Holdings, Inc., through its subsidiaries, operates markets for the trading of listed and exchange-traded options contracts. CBOE Holdings has a market cap of $4.0 billion and is part of the financial sector. Currently there is 1 analyst that rates CBOE Holdings a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates CBOE Holdings 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, impressive record of earnings per share growth, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the positive front, Millennium India Acquisition Corporation ( SMCG), up 50.0%, Investors Capital Holdings ( ICH), up 20.2%, GAMCO Investors ( GBL), up 10.2% and Orix Corporation ( IX), up 6.1% , were all gainers within the financial services industry with Goldman Sachs Group ( GS) 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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