IntercontinentalExchange Inc. (ICE): Today's Featured Financial Services 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

IntercontinentalExchange ( ICE) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day down 0.8%. By the end of trading, IntercontinentalExchange rose $1.70 (1.0%) to $171.21 on average volume. Throughout the day, 568,850 shares of IntercontinentalExchange exchanged hands as compared to its average daily volume of 657,000 shares. The stock ranged in a price between $168.33-$171.92 after having opened the day at $168.33 as compared to the previous trading day's close of $169.51. Other companies within the Financial Services industry that increased today were: Global X Silver Miners ETF ( SIL), up 3.4%, RBS Oil Trendpilot Exchange Traded Notes ( TWTI), up 3.3%, CME Group ( CME), up 3.2% and Dominion Resources Black Warrior ( DOM), up 3.0%.
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IntercontinentalExchange, Inc. operates regulated global markets and clearing houses primarily in the United States, the United Kingdom, Canada, and Brazil. IntercontinentalExchange has a market cap of $12.2 billion and is part of the financial sector. The company has a P/E ratio of 22.8, above the S&P 500 P/E ratio of 17.7. Shares are up 36.9% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate IntercontinentalExchange a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates IntercontinentalExchange as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Noah Holdings ( NOAH), down 7.7%, PowerShares DB Agriculture Double Short ETN ( AGA), down 4.2%, Consumer Portfolio Services ( CPSS), down 4.0% and Paulson Capital ( PLCC), down 3.8% , were all laggards within the financial services industry with BlackRock ( BLK) 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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