Financial Sector's Featured Straggler Of The Day: JPMorgan Chase & Co (JPM)

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.

JPMorgan Chase ( JPM) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day down 2.4%. By the end of trading, JPMorgan Chase fell $1.08 (-2.2%) to $47.93 on average volume. Throughout the day, 31.1 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 24.2 million shares. The stock ranged in price between $47.90-$49.34 after having opened the day at $48.39 as compared to the previous trading day's close of $49.01. Other companies within the Financial sector that declined today were: Homex Development ( HXM), down 19.5%, American Spectrum Realty ( AQQ), down 18.1%, Global X Silver Miners ETF ( SIL), down 13.5%, and Credit Suisse ( UOIL), down 13.2%.
  • 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.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $187.11 billion and is part of the banking industry. The company has a P/E ratio of 9.5, below the S&P 500 P/E ratio of 17.7. Shares are up 11.5% year to date as of the close of trading on Friday. Currently there are 19 analysts that rate JPMorgan Chase a buy, one analyst rates it a sell, and three rate it a hold.

TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, increase in net income, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

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).

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.
null

If you liked this article you might like

PayPal's Venmo Gets Ready to Take on Apple

How PayPal's CEO Uses Military Level Karate to Succeed in Business

Yes, PayPal CEO Actively Practices Martial Arts

These Powerful Corporate Executives Could Make a Run at the Presidency in 2020

PayPal CEO Reveals How Silicon Valley Could Repair Its Broken Culture