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.
(
) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 0.4%. By the end of trading, Ameriprise Financial rose $1.36 (1.6%) to $87.60 on heavy volume. Throughout the day, 2,168,265 shares of Ameriprise Financial exchanged hands as compared to its average daily volume of 1,265,600 shares. The stock ranged in a price between $86.42-$88.26 after having opened the day at $86.91 as compared to the previous trading day's close of $86.24. Other companies within the Financial Services industry that increased today were:
(
), up 14.9%,
(
), up 7.9%,
(
), up 7.6% and
(
), up 7.4%.
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 $17.5 billion and is part of the financial sector. Shares are up 38.4% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Ameriprise Financial a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Ameriprise Financial
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, expanding profit margins, notable return on equity and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Ameriprise Financial Ratings Report.
On the negative front,
(
), down 5.4%,
(
), down 5.0%,
(
), down 4.9% and
(
), down 4.3% , were all laggards within the financial services industry with
(
) being today's financial services industry laggard.
- Use our financial services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider
(
) while those bearish on the financial services industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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