IntercontinentalExchange Inc. (ICE): Today's Featured Financial Winner

Editor's Note: 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.

IntercontinentalExchange ( ICE) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day up 0.2%. By the end of trading, IntercontinentalExchange rose $3.45 (2.7%) to $133.28 on average volume. Throughout the day, 387,409 shares of IntercontinentalExchange exchanged hands as compared to its average daily volume of 458,300 shares. The stock ranged in a price between $128.64-$133.91 after having opened the day at $129.15 as compared to the previous trading day's close of $129.83. Other companies within the Financial sector that increased today were: Millennium India Acquisition Corporation ( SMCG), up 39.9%, Credit Suisse ( SCPR), up 15.9%, Strategic Hotels & Resorts ( BEE), up 13.3%, and Old Second Bancorp ( OSBC), up 11.1%.
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IntercontinentalExchange, Inc. operates regulated exchanges, clearing houses, and over-the-counter (OTC) markets for agricultural, credit, currency, emissions, energy, and equity index contracts. IntercontinentalExchange has a market cap of $9.55 billion and is part of the financial services industry. The company has a P/E ratio of 17.1, below the S&P 500 P/E ratio of 17.7. Shares are up 8.9% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate IntercontinentalExchange a buy, one analyst rates it a sell, and three rate it a hold.

TheStreet Ratings rates IntercontinentalExchange 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, notable return on equity and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Radian Group ( RDN), down 10.2%, Parke Bancorp ( PKBK), down 9.4%, First M&F ( FMFC), down 8.9%, and Nationstar Mortgage Holdings ( NSM), down 8.8%, were all laggards within the financial sector with Vornado Realty ( VNO) being today's financial sector laggard.

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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