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Blackstone Group



) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day down 0.3%. By the end of trading, Blackstone Group rose $0.52 (1.6%) to $32.75 on heavy volume. Throughout the day, 8,658,390 shares of Blackstone Group exchanged hands as compared to its average daily volume of 4,228,300 shares. The stock ranged in a price between $31.79-$32.93 after having opened the day at $32.09 as compared to the previous trading day's close of $32.23. Other companies within the Financial Services industry that increased today were:

Siebert Financial Corporation



), up 30.7%,

Credit Suisse



), up 16.7%,

C-Tracks Citi Volatility Index TR ETN



), up 15.2% and

iPath S&P 500 VIX Short-Term Futures ETN



), up 8.4%.

The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. Blackstone Group has a market cap of $17.5 billion and is part of the financial sector. The company has a P/E ratio of 27.4, above the S&P 500 P/E ratio of 17.7. Shares are up 2.3% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Blackstone Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates

Blackstone Group

as a


. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, reasonable valuation levels, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front,

DFC Global



), down 28.9%,

iPath Dow Jones-UBS Lead Total Return Sub-I



), down 19.2%,

PowerShares DB Base Metals Long ETN



), down 10.0% and

Credit Suisse



), down 7.7% , were all laggards within the financial services industry with

American Express



) 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



) while those bearish on the financial services industry could consider

Proshares Short Financials




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