Goldman Sachs Group Inc (GS): Today's Featured Financial Services Laggard

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Goldman Sachs Group ( GS) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Goldman Sachs Group fell $3.08 (-1.8%) to $173.20 on heavy volume. Throughout the day, 5,093,570 shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 2,803,300 shares. The stock ranged in price between $171.34-$175.59 after having opened the day at $175.10 as compared to the previous trading day's close of $176.28. Other companies within the Financial Services industry that declined today were: Direxion Daily Natural Gas Related Bear 3X ( GASX), down 7.9%, Direxion Daily Gold Miners Bear 3X Shares ( DUST), down 5.2%, ProShares Ultra MSCI Brazil Cppd ( UBR), down 4.6% and Tile Shop Holdings ( TTS), down 4.5%.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Goldman Sachs Group has a market cap of $79.9 billion and is part of the financial sector. The company has a P/E ratio of 11.4, below the S&P 500 P/E ratio of 17.7. Shares are down 0.6% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Goldman Sachs Group a buy, 1 analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates Goldman Sachs Group as a buy. Among the primary strengths of the company is its solid stock performance, considering both the consistency and magnitude of the price movement over time. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, PowerShares DB Base Metals Double Short ETN ( BOM), up 19.7%, SPDR Russell 1000 ETF ( ONEK), up 12.8%, Cash Store Financial Services ( CSFS), up 9.4% and Direxion Daily Natural Gas Related Bull 3X ( GASL), up 8.5% , were all gainers within the financial services industry with E*Trade Financial ( ETFC) 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.

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