Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 0.7%. By the end of trading, Charles Schwab rose 19 cents (1.4%) to $13.51 on average volume. Throughout the day, 9.7 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 9.3 million shares. The stock ranged in a price between $13.35-$13.53 after having opened the day at $13.41 as compared to the previous trading day's close of $13.32. Other companies within the Financial Services industry that increased today were:
), up 33.7%,
), up 20%,
), up 7.8%, and
), up 7.2%.
- ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.
The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, and related financial services to individuals and institutional clients. Charles Schwab has a market cap of $16.84 billion and is part of the financial sector. The company has a P/E ratio of 19.7, equal to the average financial services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 18.3% year to date as of the close of trading on Wednesday. Currently there are four analysts that rate Charles Schwab a buy, two analysts rate it a sell, and nine rate it a hold.
TheStreet Ratings rates Charles Schwab as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and growth in earnings per share. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.
- You can view the full Charles Schwab Ratings Report.
- 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.
FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge!
Free download now