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Charles Schwab Corp (SCHW): 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.

Charles Schwab (SCHW) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 0.5%. By the end of trading, Charles Schwab rose $0.29 (1.1%) to $27.46 on average volume. Throughout the day, 6,735,940 shares of Charles Schwab exchanged hands as compared to its average daily volume of 8,702,200 shares. The stock ranged in a price between $27.03-$27.56 after having opened the day at $27.20 as compared to the previous trading day's close of $27.17. Other companies within the Financial Services industry that increased today were: MoneyGram International (MGI), up 7.6%, Janus Capital Group (JNS), up 7.2%, Noah Holdings (NOAH), up 5.2% and NGP Capital Resources Company (NGPC), up 4.7%.

The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, money management, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services. Charles Schwab has a market cap of $35.2 billion and is part of the financial sector. Shares are up 4.5% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Charles Schwab a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Charles Schwab as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the negative front, Equus Total Return (EQS), down 4.8%, Federal Agricultural Mortgage (AGM.A), down 2.9%, MicroFinancial (MFI), down 2.6% and Blackrock New York Muni Income Tr II (BFY), down 2.5%.

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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