Invesco Ltd. (IVZ): 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.

Invesco ( IVZ) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day down 0.3%. By the end of trading, Invesco fell $0.53 (-1.5%) to $34.39 on average volume. Throughout the day, 4,328,908 shares of Invesco exchanged hands as compared to its average daily volume of 4,147,500 shares. The stock ranged in price between $34.34-$34.85 after having opened the day at $34.63 as compared to the previous trading day's close of $34.92. Other companies within the Financial sector that declined today were: Credit Suisse ( DGAZ), down 12.8%, Direxion Daily Gold Miners Bull 3X Shares ( NUGT), down 7.0%, Amrep Corporation ( AXR), down 6.8% and North European Oil Royalty ( NRT), down 5.5%.

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 $15.5 billion and is part of the financial services industry. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7. Shares are up 33.8% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Invesco a buy, no analysts rate it a sell, and 9 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, reasonable valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Credit Suisse ( UGAZ), up 12.7%, Vestin Realty Mortgage II ( VRTB), up 10.2%, OFS Capital ( OFS), up 8.0% and Direxion Daily Gold Miners Bear 3X Shares ( DUST), up 7.0% , were all gainers within the financial sector with General Growth Properties ( GGP) being today's featured financial sector leader.

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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