Ameriprise Financial Inc (AMP): 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

Ameriprise Financial ( AMP) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day down 0.3%. By the end of trading, Ameriprise Financial rose $1.15 (1.4%) to $82.18 on average volume. Throughout the day, 1,917,508 shares of Ameriprise Financial exchanged hands as compared to its average daily volume of 1,403,100 shares. The stock ranged in a price between $81.11-$82.81 after having opened the day at $81.20 as compared to the previous trading day's close of $81.03. Other companies within the Financial Services industry that increased today were: Orix Corporation ( IX), up 7.4%, Nomura Holdings ( NMR), up 6.1%, Marine Petroleum ( MARPS), up 5.1% and Teucrium Agricultural Fund ( TAGS), up 5.0%.
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Ameriprise Financial, Inc., through its subsidiaries, provides a range of financial products and services in the United States and internationally. Ameriprise Financial has a market cap of $16.4 billion and is part of the financial sector. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7. Shares are up 30.2% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Ameriprise Financial a buy, no analysts rate it a sell, and 3 rate it a hold.

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

On the negative front, Carlyle Group ( CG), down 5.4%, SWS Group ( SWS), down 4.5%, Greenhill ( GHL), down 3.7% and Blackstone Group ( BX), down 3.7% , were all laggards within the financial services industry with Bank of New York Mellon ( BK) 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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