Charles Schwab Corp (SCHW): Today's Featured Financial Services Laggard

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Charles Schwab ( SCHW) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole was unchanged today. By the end of trading, Charles Schwab fell $0.33 (-1.3%) to $24.76 on light volume. Throughout the day, 6,197,566 shares of Charles Schwab exchanged hands as compared to its average daily volume of 8,866,700 shares. The stock ranged in price between $24.72-$25.09 after having opened the day at $25.09 as compared to the previous trading day's close of $25.09. Other companies within the Financial Services industry that declined today were: Sorrento Therapeutics ( SRNE), down 8.3%, INTL FCStone ( INTL), down 7.9%, PowerShares DB 3x Long 25+ Year Treasury Bo ( LBND), down 6.7% and iShares MSCI Turkey ETF ( TUR), down 5.0%.

The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, money management, and financial advisory services to individuals and institutional clients. The company operates through two segments, Investor Services and Institutional Services. Charles Schwab has a market cap of $32.0 billion and is part of the financial sector. The company has a P/E ratio of 35.4, above the S&P 500 P/E ratio of 17.7. Shares are up 72.6% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Charles Schwab a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Charles Schwab as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, PowerShares DB Agriculture Long ETN ( AGF), up 7.0%, BLDRS Asia 50 ADR Index ( ADRA), up 6.7%, PowerShares DB Base Metals Double Short ETN ( BOM), up 6.5% and ProShares UltraShort Health Care ( RXD), up 5.5% , were all gainers within the financial services industry with Blackstone Group ( BX) 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).

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