Apollo Global Management LLC (APO): 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.

Apollo Global Management ( APO) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.3%. By the end of trading, Apollo Global Management fell $0.47 (-1.3%) to $35.75 on average volume. Throughout the day, 1,197,978 shares of Apollo Global Management exchanged hands as compared to its average daily volume of 1,042,000 shares. The stock ranged in price between $35.06-$35.85 after having opened the day at $35.55 as compared to the previous trading day's close of $36.22. Other companies within the Financial sector that declined today were: Gaming and Leisure Properties ( GLPI), down 18.8%, QIWI PLC ADR ( QIWI), down 16.6%, American Spectrum Realty ( AQQ), down 12.1% and Credit Suisse ( DWTI), down 6.2%.

Apollo Global Management, LLC is a publicly owned investment manager. The firm primarily provides its services to pension and endowment funds, institutional investors, individual investors, pooled investment vehicles, and corporations. Apollo Global Management has a market cap of $5.1 billion and is part of the financial services industry. The company has a P/E ratio of 8.5, below the S&P 500 P/E ratio of 17.7. Shares are up 14.6% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Apollo Global Management a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Apollo Global Management as a sell. Among the areas we feel are negative, one of the most important has been weak operating cash flow.

On the positive front, SPDR Russell 1000 ETF ( ONEK), up 13.4%, Blackstone Mortgage ( BXMT), up 10.4%, Altis Resident ( RESI), up 8.3% and First Acceptance Corporation ( FAC), up 7.6% , were all gainers within the financial sector with Wells Fargo ( WFC) 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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