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 0.5%. By the end of trading, Goldman Sachs Group rose $2.15 (1.9%) to $115.23 on average volume. Throughout the day, 3.8 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 4.1 million shares. The stock ranged in a price between $113.72-$115.86 after having opened the day at $113.74 as compared to the previous trading day's close of $113.08. Other companies within the Financial Services industry that increased today were:
), up 8.3%,
), up 7.3%,
), up 6.3%, and
), up 6%.
- 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 Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as a range of financial services to corporations, financial institutions, governments and high-net-worth individuals worldwide. Goldman Sachs Group has a market cap of $54.41 billion and is part of the
sector. The company has a P/E ratio of 16.6, above the average financial services industry P/E ratio of 16.5 and below the S&P 500 P/E ratio of 17.7. Shares are up 25.5% year to date as of the close of trading on Wednesday. Currently there are six analysts that rate Goldman Sachs Group a buy, two analysts rate it a sell, and 12 rate it a hold.
TheStreet Ratings rates Goldman Sachs Group as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, increase in stock price during the past year and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and deteriorating net income.
- You can view the full Goldman Sachs Group Ratings Report.
On the negative front,
), down 48.4%,
), down 7.3%,
), down 7.3%, and
), down 6.5%, 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.
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