BB&T Corp (BBT): Today's Featured Financial Winner

BB&T ( BBT) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day up 0.8%. By the end of trading, BB&T rose 33 cents (1.1%) to $31.88 on light volume. Throughout the day, 2.4 million shares of BB&T exchanged hands as compared to its average daily volume of 4.6 million shares. The stock ranged in a price between $31.37-$31.94 after having opened the day at $31.51 as compared to the previous trading day's close of $31.55. Other companies within the Financial sector that increased today were: Impac Mortgage Holdings ( IMH), up 87%, Credit Suisse ( UOIL), up 39.2%, Central Federal ( CFBK), up 36.6%, and Security National Financial Corporation ( SNFCA), up 34.2%.

BB&T Corporation operates as a financial holding company for Branch Banking and Trust Company that provides various banking and trust services for retail and commercial clients. BB&T has a market cap of $22.16 billion and is part of the banking industry. The company has a P/E ratio of 13.2, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 25.4% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate BB&T a buy, one analyst rates it a sell, and 17 rate it a hold.

TheStreet Ratings rates BB&T 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, compelling growth in net income, expanding profit margins and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

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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