Charles Schwab Corp (SCHW): 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.

Charles Schwab ( SCHW) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day down 0.6%. By the end of trading, Charles Schwab fell $0.45 (-1.8%) to $24.82 on average volume. Throughout the day, 9,615,714 shares of Charles Schwab exchanged hands as compared to its average daily volume of 6,837,700 shares. The stock ranged in price between $24.70-$25.51 after having opened the day at $25.37 as compared to the previous trading day's close of $25.27. Other companies within the Financial Services industry that declined today were: Value Line ( VALU), down 9.7%, PowerShares DB Base Metals Short ETN ( BOS), down 9.4%, Direxion Daily Gold Miners Bull 3X Shares ( NUGT), down 9.4% and WisdomTree Investments ( WETF), down 8.9%.

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 $33.7 billion and is part of the financial sector. The company has a P/E ratio of 33.5, above the S&P 500 P/E ratio of 17.7. Shares are down 2.8% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Charles Schwab a buy, 3 analysts rate it a sell, and 7 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, growth in earnings per share, compelling growth in net income, notable return on equity and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Siebert Financial Corporation ( SIEB), up 18.6%, Direxion Daily Gold Miners Bear 3X Shares ( DUST), up 10.3%, Xoom ( XOOM), up 9.1% and Direxion Daily Natural Gas Related Bear 3X ( GASX), up 6.7%.

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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