Discover Financial Services (DFS): 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.

Discover Financial Services ( DFS) 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, Discover Financial Services fell $0.96 (-1.6%) to $57.76 on heavy volume. Throughout the day, 8,318,455 shares of Discover Financial Services exchanged hands as compared to its average daily volume of 3,056,200 shares. The stock ranged in price between $57.50-$60.00 after having opened the day at $59.98 as compared to the previous trading day's close of $58.72. Other companies within the Financial Services industry that declined today were: H & Q Healthcare Investors ( HQH), down 5.0%, QIWI ( QIWI), down 4.6%, H & Q Life Sciences Investors ( HQL), down 4.6% and GSV Capital ( GSVC), down 4.5%.

Discover Financial Services, a bank holding company, provides a range of financial products and services in the United States. The company operates in two segments, Direct Banking and Payment Services. Discover Financial Services has a market cap of $27.2 billion and is part of the financial sector. Shares are up 3.1% year to date as of the close of trading on Thursday. Currently there are 14 analysts that rate Discover Financial Services a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Discover Financial Services as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, Rand Capital Corporation ( RAND), up 7.7%, OFS Capital ( OFS), up 7.0%, First Marblehead Corporation ( FMD), up 5.3% and Security National Financial Corporation ( SNFCA), up 5.0% , were all gainers within the financial services industry with Capital One Financial ( COF) 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.

If you liked this article you might like

Visa, MasterCard, Discover Offer Secured Credit Cards, a Tool for College Kids

American Express Signs Deal to Reduce Financial Burden of Prepaid Cards

From Catalogs to Catastrophe: A Sears Timeline

Most Credit Card Companies Are Flying: Cramer's 'Off the Charts'

Stocks Are Fighting Back: Cramer's 'Mad Money' Recap (Wednesday 8/9/17)