Toronto-Dominion Bank (TD): 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.

Toronto-Dominion Bank ( TD) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.5%. By the end of trading, Toronto-Dominion Bank fell $1.23 (-1.4%) to $88.90 on average volume. Throughout the day, 455,534 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 376,000 shares. The stock ranged in price between $88.88-$90.03 after having opened the day at $89.91 as compared to the previous trading day's close of $90.13. Other companies within the Financial sector that declined today were: Gaming and Leisure Properties ( GLPI), down 18.4%, Barclays Short B Leveraged Inverse S&P 500 ( BXDB), down 10.7%, MSB Financial Corporation ( MSBF), down 10.6% and C-Tracks Citi Volatility Index TR ETN ( CVOL), down 8.2%.

The Toronto-Dominion Bank, together with its subsidiaries, provides financial and banking services in North America and internationally. Toronto-Dominion Bank has a market cap of $82.4 billion and is part of the banking industry. The company has a P/E ratio of 13.5, below the S&P 500 P/E ratio of 17.7. Shares are down 4.4% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Toronto-Dominion Bank a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Toronto-Dominion Bank as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, increase in stock price during the past year 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, SPDR Russell 1000 ETF ( ONEK), up 13.0%, Elbit Imaging ( EMITF), up 12.8%, American Spectrum Realty ( AQQ), up 11.2% and PowerShares DB Commodity Long ETN ( DPU), up 10.4% , were all gainers within the financial sector with BlackRock ( BLK) 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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