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 Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day down 0.1%. By the end of trading, JPMorgan Chase rose $1.38 (2.7%) to $51.70 on heavy volume. Throughout the day, 38,787,751 shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 17,843,000 shares. The stock ranged in a price between $50.06-$51.90 after having opened the day at $50.22 as compared to the previous trading day's close of $50.32. Other companies within the Banking industry that increased today were:
), up 9.6%,
), up 5.8%,
), up 5.2% and
Firstbank Corp Michigan
), up 5.1%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, 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.
JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $193.7 billion and is part of the financial sector. Shares are up 17.0% year to date as of the close of trading on Tuesday. Currently there are 18 analysts that rate JPMorgan Chase a buy, 1 analyst rates it a sell, and 4 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, compelling growth in net income, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full JPMorgan Chase Ratings Report.
On the negative front,
), down 8.8%,
), down 5.6%,
), down 4.9% and
), down 4.7% , 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.