LPL Financial Holdings Inc (LPLA): 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.

LPL Financial Holdings ( LPLA) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day up 0.3%. By the end of trading, LPL Financial Holdings fell $0.54 (-1.0%) to $53.47 on light volume. Throughout the day, 613,377 shares of LPL Financial Holdings exchanged hands as compared to its average daily volume of 946,300 shares. The stock ranged in price between $53.41-$54.38 after having opened the day at $54.25 as compared to the previous trading day's close of $54.01. Other companies within the Financial Services industry that declined today were: Swedish Export Credit ( FUE), down 12.8%, UBS E-TRACS Fisher-Gartman Risk Off ETN ( OFF), down 9.7%, Siebert Financial Corporation ( SIEB), down 7.6% and Market Vectors Emerging Markets Aggregate B ( EMAG), down 5.3%.

LPL Financial Holdings Inc. provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United States. LPL Financial Holdings has a market cap of $5.5 billion and is part of the financial sector. Shares are up 15.9% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate LPL Financial Holdings a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates LPL Financial Holdings 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, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Atlanticus Holdings ( ATLC), up 7.1%, Direxion India Bull 3X Shares ( INDL), up 7.0%, ProShares UltraShort Nasdaq Biotechnology ( BIS), up 5.1% and ProShares Ultra MSCI Mexico Cppd IMI ( UMX), up 4.1% , were all gainers within the financial services industry with CME Group ( CME) 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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