KKR & Co LP (KKR): 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.

KKR ( KKR) 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, KKR fell $0.27 (-1.1%) to $24.52 on heavy volume. Throughout the day, 5,071,792 shares of KKR exchanged hands as compared to its average daily volume of 1,851,700 shares. The stock ranged in price between $24.01-$24.95 after having opened the day at $24.78 as compared to the previous trading day's close of $24.79. Other companies within the Financial Services industry that declined today were: C-Tracks Citi Volatility Index TR ETN ( CVOL), down 16.5%, VelocityShares Daily 2x VIX Short Term ETN ( TVIX), down 13.1%, Cash Store Financial Services ( CSFS), down 13.1% and Sorrento Therapeutics ( SRNE), down 9.7%.

Kohlberg Kravis Roberts & Co. is a private equity investment firm specializing in acquisitions, leveraged buyouts, management buyouts, special situations, growth equity, mature, and middle market investments. KKR has a market cap of $7.2 billion and is part of the financial sector. The company has a P/E ratio of 14.3, below the S&P 500 P/E ratio of 17.7. Shares are up 62.8% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate KKR a buy, no analysts rate it a sell, and 1 rates it a hold.

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

On the positive front, Aberdeen Emerging Markets Smaller Company O ( ETF), up 79.9%, Aberdeen Greater China Fund ( GCH), up 71.0%, PowerShares DB Commodity Long ETN ( DPU), up 9.2% and Direxion Daily Russia Bull 3X Shares ( RUSL), up 7.5% , 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.

More from Markets

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing