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

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.

BB&T ( BBT) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.7%. By the end of trading, BB&T fell 72 cents (-2.3%) to $30.41 on heavy volume. Throughout the day, 7.7 million shares of BB&T exchanged hands as compared to its average daily volume of four million shares. The stock ranged in price between $30.35-$31.25 after having opened the day at $31.20 as compared to the previous trading day's close of $31.13. Other companies within the Financial sector that declined today were: China HGS Real Estate ( HGSH), down 15%, OptimumBank Holdings ( OPHC), down 9.6%, Institutional Financial Markets ( IFMI), down 8%, and WVS Financial ( WVFC), down 7.5%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

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 $21.45 billion and is part of the banking industry. The company has a P/E ratio of 11.4, below the S&P 500 P/E ratio of 17.7. Shares are up 6.9% year to date as of the close of trading on Monday. Currently there are eight 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 notable return on equity. 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 positive front, Millennium India Acquisition Corporation ( SMCG), up 38.5%, Altisource Residential Corporation ( RESI), up 36.7%, MGIC Investment Corporation ( MTG), up 27.8%, and First Marblehead Corporation ( FMD), up 8.9%, were all gainers within the financial sector with ACE ( ACE) being today's featured financial sector leader.

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).

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.