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TheStreet Open House
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

HDFC Bank Ltd (HDB): Today's Featured Banking Winner

The banking industry closed the day down 0.8%. Guaranty Federal Bancshares Inc ( GFED), Waccamaw Bankshares Inc ( WBNK), FNB NC Corporation ( FNBN), and Dearborn Bancorp Inc ( DEAR) were all winners today within the banking industry with HDFC Bank ( HDB) being today's featured banking winner. HDFC Bank rose 27 cents (0.8%) to $32.06 on average volume. Throughout the day, 1.4 million shares of HDFC Bank exchanged hands as compared to its average daily volume of 1.1 million shares.

HDFC Bank Limited provides banking and financial services to individuals and businesses in India. The company offers savings, current, and demat accounts, as well as accepts fixed and recurring deposits. HDFC Bank has a market cap of $24.2 billion and is part of the financial sector. The company has a P/E ratio of 26.6, above the average banking industry P/E ratio of 26.4 and above the S&P 500 P/E ratio of 17.7. Shares are down 4.9% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates HDFC as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Village Bank and Trust Financial Corporatio ( VBFC), Bank of Ireland (Governor & Company of ( IRE), Comerica Inc ( CMA), and National Bank of Greece ( NBG) were all losers within the banking industry with Bank of America Corporation ( BAC) being today's banking industry Loser Spotlight stock.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF ( KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng ( KRS).

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