1. As of noon trading, Bank of New York Mellon ( BK) is up $0.36 (1.4%) to $24.88 on light volume Thus far, 3.7 million shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $24.57-$24.95 after having opened the day at $24.66 as compared to the previous trading day's close of $24.53. The Bank of New York Mellon Corporation, a financial services company, provides various products and services worldwide. The company offers a range of equity, fixed income, cash, and alternative/overlay products, as well as distributes investment management products. Bank of New York Mellon has a market cap of $29.7 billion and is part of the financial sector. The company has a P/E ratio of 13.0, below the S&P 500 P/E ratio of 17.7. Shares are up 26.1% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Bank of New York Mellon a buy, 2 analysts rate it a sell, and 9 rate it a hold. TheStreet Ratings rates Bank of New York Mellon as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, expanding profit margins, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Bank of New York Mellon Ratings Report now. If you are interested in one of these 4 stocks, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF). A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.