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Wells Fargo & Co (WFC): Today's Featured Financial 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.

Wells Fargo (WFC) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day up 0.6%. By the end of trading, Wells Fargo rose $0.59 (1.3%) to $45.37 on average volume. Throughout the day, 16,768,718 shares of Wells Fargo exchanged hands as compared to its average daily volume of 16,911,000 shares. The stock ranged in a price between $44.84-$45.40 after having opened the day at $45.05 as compared to the previous trading day's close of $44.78. Other companies within the Financial sector that increased today were: Credit Suisse (DGAZ), up 15.0%, American Realty Investors (ARL), up 12.8%, Desarrolladora Homex SAB de CV ADR (HXM), up 12.5% and Cash Store Financial Services (CSFS), up 12.4%.

Wells Fargo & Company provides retail, commercial, and corporate banking services. Wells Fargo has a market cap of $233.0 billion and is part of the banking industry. Shares are down 1.4% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Wells Fargo a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Wells Fargo 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, expanding profit margins, notable return on equity and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Gaming and Leisure Properties (GLPI), down 19.6%, iPath GBP/USD Exchange Rate ETN (GBB), down 14.1%, Credit Suisse (UGAZ), down 13.6% and Credit Suisse (TVIX), down 12.7%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR (XLF) while those bearish on the financial sector 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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