Comerica Inc (CMA): 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.

Comerica ( CMA) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day up 0.1%. By the end of trading, Comerica rose 52 cents (1.5%) to $34.38 on average volume. Throughout the day, 2.5 million shares of Comerica exchanged hands as compared to its average daily volume of 2.4 million shares. The stock ranged in a price between $33.83-$34.68 after having opened the day at $33.83 as compared to the previous trading day's close of $33.86. Other companies within the Financial sector that increased today were: Institutional Financial Markets ( IFMI), up 65.7%, Altisource Residential Corporation ( RESI), up 26.9%, China HGS Real Estate ( HGSH), up 25.4%, and China Housing & Land Development ( CHLN), up 17.8%.
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Comerica Incorporated, through its subsidiaries, provides financial products and services primarily in Texas, Arizona, California, Florida, and Michigan. Comerica has a market cap of $6.3 billion and is part of the banking industry. The company has a P/E ratio of 12.6, below the S&P 500 P/E ratio of 17.7. Shares are up 10.6% year to date as of the close of trading on Wednesday. Currently there are four analysts that rate Comerica a buy, four analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates Comerica as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Impac Mortgage Holdings ( IMH), down 25.5%, Siebert Financial Corporation ( SIEB), down 11.4%, Pathfinder Bancorp ( PBHC), down 9.9%, and Bbva Banco FrancesS.A ( BFR), down 9.8%, 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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