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 Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day up 0.6%. By the end of trading, Morgan Stanley rose $0.62 (2.0%) to $30.89 on average volume. Throughout the day, 10,364,510 shares of Morgan Stanley exchanged hands as compared to its average daily volume of 13,302,000 shares. The stock ranged in a price between $30.43-$31.03 after having opened the day at $30.50 as compared to the previous trading day's close of $30.27. Other companies within the Financial sector that increased today were:
), up 9.9%,
), up 9.2%,
), up 9.0% and
), up 8.2%.
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Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. Morgan Stanley has a market cap of $59.2 billion and is part of the financial services industry. The company has a P/E ratio of 17.9, above the S&P 500 P/E ratio of 17.7. Shares are up 58.7% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Morgan Stanley a buy, 1 analyst rates it a sell, and 6 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Morgan Stanley Ratings Report.
On the negative front,
), down 16.7%,
), down 8.4%,
), down 8.0% and
), down 7.9%.
- Use our financial section to find sector-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider
) while those bearish on the financial sector could consider
- Find other investment ideas from our top rated ETFs lists.