Apollo Global Management LLC (APO): Today's Featured Financial Services Laggard

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Apollo Global Management ( APO) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Apollo Global Management fell $0.40 (-1.2%) to $31.80 on average volume. Throughout the day, 833,617 shares of Apollo Global Management exchanged hands as compared to its average daily volume of 990,600 shares. The stock ranged in price between $31.46-$32.48 after having opened the day at $32.40 as compared to the previous trading day's close of $32.20. Other companies within the Financial Services industry that declined today were: Blackhawk Network Holdings ( HAWK), down 4.8%, GAMCO Investors ( GBL), down 4.1%, Harris & Harris Group ( TINY), down 2.8% and NGP Capital Resources Company ( NGPC), down 2.6%.

Apollo Global Management, LLC is a publicly owned investment manager. It primarily provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. The firm manages client focused portfolios. Apollo Global Management has a market cap of $4.7 billion and is part of the financial sector. Shares are up 1.9% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Apollo Global Management a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Apollo Global Management as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and feeble growth in its earnings per share.

On the positive front, American Capital ( ACAS), up 11.2%, RCS Capital Corp Class A ( RCAP), up 6.4%, QIWI ( QIWI), up 6.3% and Mesabi ( MSB), up 5.8% , 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.

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