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Ameriprise Financial Inc (AMP): Today's Featured Financial Services Winner

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.

Ameriprise Financial (AMP) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day down 0.1%. By the end of trading, Ameriprise Financial rose $1.23 (1.1%) to $115.80 on heavy volume. Throughout the day, 1,879,632 shares of Ameriprise Financial exchanged hands as compared to its average daily volume of 1,062,400 shares. The stock ranged in a price between $114.75-$116.72 after having opened the day at $115.04 as compared to the previous trading day's close of $114.57. Other companies within the Financial Services industry that increased today were: Security National Financial Corporation (SNFCA), up 7.3%, PowerShares DB Agriculture Double Short ETN (AGA), up 6.5%, Direxion Daily Gold Miners Bear 3X Shares (DUST), up 5.1% and ProShares UltraShort MSCI Mexico Cppd IMI (SMK), up 4.8%.

Ameriprise Financial, Inc., through its subsidiaries, provides a range of financial products and services in the United States and internationally. Ameriprise Financial has a market cap of $22.1 billion and is part of the financial sector. The company has a P/E ratio of 16.8, below the S&P 500 P/E ratio of 17.7. Shares are down 0.4% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Ameriprise Financial a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Ameriprise Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Federal Agricultural Mortgage (AGM.A), down 11.2%, Paulson Capital (PLCC), down 9.1%, Cash Store Financial Services (CSFS), down 8.4% and iPath Pure Beta Crude Oil ETN (OLEM), down 5.7% , were all laggards within the financial services industry with WisdomTree Investments (WETF) being today's financial services industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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