Franklin Resources Inc. (BEN): 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.

Franklin Resources ( BEN) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole was unchanged today. By the end of trading, Franklin Resources fell $0.62 (-1.2%) to $52.16 on average volume. Throughout the day, 2,877,152 shares of Franklin Resources exchanged hands as compared to its average daily volume of 2,407,800 shares. The stock ranged in price between $52.04-$53.14 after having opened the day at $52.91 as compared to the previous trading day's close of $52.78. Other companies within the Financial Services industry that declined today were: Paulson Capital ( PLCC), down 17.6%, Altisource Asset Management Corporation ( AAMC), down 15.8%, Teucrium Sugar Fund ( CANE), down 9.4% and Cash Store Financial Services ( CSFS), down 8.1%.

Franklin Resources Inc. is a publicly owned asset management holding company. The firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It manages, through its subsidiary, separate client-focused equity, fixed income, and balanced portfolios. Franklin Resources has a market cap of $33.8 billion and is part of the financial sector. Shares are down 7.3% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Franklin Resources a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Franklin Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, increase in net income, reasonable valuation levels and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Federal Agricultural Mortgage ( AGM.A), up 8.0%, QIWI PLC ADR ( QIWI), up 6.4%, Direxion Daily Natural Gas Related Bear 3X ( GASX), up 6.0% and Full Circle Capital ( FULL), up 5.9%.

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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