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 Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.2%. By the end of trading, Citigroup rose $0.66 (1.4%) to $47.12 on light volume. Throughout the day, 23,343,113 shares of Citigroup exchanged hands as compared to its average daily volume of 31,236,300 shares. The stock ranged in a price between $46.40-$47.43 after having opened the day at $46.41 as compared to the previous trading day's close of $46.46. Other companies within the Banking industry that increased today were:
), up 11.2%,
), up 9.8%,
), up 8.6% and
), up 6.9%.
- EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Citigroup, Inc., a diversified financial services holding company, provides a range of financial products and services to consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Citicorp and Citi Holdings. Citigroup has a market cap of $137.3 billion and is part of the financial sector. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7. Shares are up 17.4% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates Citigroup as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, solid stock price performance, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Citigroup Ratings Report.
On the negative front,
), down 17.5%,
), down 8.5%,
), down 7.5% and
), down 6.4% , were all laggards within the banking industry with
) being today's banking industry laggard.
- Use our banking 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 banking industry could consider
) while those bearish on the banking industry could consider
- Find other investment ideas from our top rated ETFs lists.
Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.