BlackRock Inc (BLK): Financial Services' Spotlighted Daily Leader

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.

BlackRock ( BLK) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 0.3%. By the end of trading, BlackRock rose $4.48 (1.8%) to $257.44 on average volume. Throughout the day, 634,462 shares of BlackRock exchanged hands as compared to its average daily volume of 821,100 shares. The stock ranged in a price between $253.21-$257.88 after having opened the day at $253.41 as compared to the previous trading day's close of $252.96. Other companies within the Financial Services industry that increased today were: BGC Partners ( BGCP), up 48.6%, China Ceramics ( CCCL), up 7.2%, Apollo Global Management ( APO), up 5.7%, and Orix Corporation ( IX), up 5.2%.
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BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. BlackRock has a market cap of $43.66 billion and is part of the financial sector. The company has a P/E ratio of 18.6, above the S&P 500 P/E ratio of 17.7. Shares are up 22.4% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate BlackRock a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates BlackRock as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, US Global Investors ( GROW), down 9.1%, Pzena Investment Management ( PZN), down 7.5%, Security National Financial Corporation ( SNFCA), down 3.4%, and Global X Silver Miners ETF ( SIL), down 3.3%, were all laggards within the financial services industry with NASDAQ OMX Group ( NDAQ) being today's financial services industry laggard.

For investors not wanting singular stock exposure, 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).

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