The

financial

sector closed the day up 2.2%.

Harleysville Group Inc

(

HGIC

),

Bank VA Chesterfield

(

BOVA

),

Affirmative Insurance Holdings Inc

(

AFFM

), and

EMC Insurance Group

(

EMCI

) were all winners today within the financial sector with

JPMorgan Chase

(

JPM

) being today's featured financial winner. JPMorgan Chase rose 88 cents (2.9%) to $31.35 on average volume. Throughout the day, 48.3 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 45.4 million shares.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $123.1 billion and is part of the

banking

industry. The company has a P/E ratio of 6.7, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 25.6% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates JPMorgan Chase as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, increase in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the negative front,

Oak Valley Bancorp

(

OVLY

),

Mercantile Bancorp Inc

(

MBR

),

FNB NC Corporation

(

FNBN

), and

Green Bankshares Inc

(

GRNB

) were all losers within the financial sector with

Hudson City Bancorp Inc

(

HCBK

) being today's financial sector Loser Spotlight stock.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider

Financial Select Sector SPDR

(

XLF

) while those bearish on the financial sector could consider

Proshares Short Financials

(

SEF

).

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