2. As of noon trading, State Street ( STT) is up $1.27 (2.11) to $61.60 on light volume Thus far, 1.1 million shares of State Street exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $60.25-$61.82 after having opened the day at $60.34 as compared to the previous trading day's close of $60.33. State Street Corporation, a financial holding company, provides investment servicing and investment management services to institutional investors worldwide. State Street has a market cap of $27.5 billion and is part of the financial sector. The company has a P/E ratio of 13.9, below the S&P 500 P/E ratio of 17.7. Shares are up 28.3% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate State Street a buy, 1 analyst rates it a sell, and 7 rate it a hold. TheStreet Ratings rates State Street 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, increase in net income, attractive valuation levels and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full State Street Ratings Report now. 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.