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 up 0.5%. By the end of trading, UBS rose $0.52 (2.5%) to $21.10 on heavy volume. Throughout the day, 3,247,479 shares of UBS exchanged hands as compared to its average daily volume of 2,039,600 shares. The stock ranged in a price between $20.89-$21.13 after having opened the day at $20.95 as compared to the previous trading day's close of $20.58. Other companies within the Banking industry that increased today were:
), up 10.0%,
), up 6.9%,
), up 6.4% and
), up 6.1%.
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UBS AG, a financial services firm, provides wealth management, asset management, and investment banking products and services worldwide. Its Wealth Management division provides financial services to high net worth individuals worldwide. UBS has a market cap of $79.3 billion and is part of the financial sector. Shares are up 6.9% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate UBS a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates UBS as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.
- You can view the full UBS Ratings Report.
On the negative front,
), down 9.8%,
), down 6.5%,
), down 6.2% and
), down 5.6%.
- 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.