Charles Schwab Corp (SCHW): Today's Featured Financial Services Winner

Charles Schwab ( SCHW) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole was unchanged today. By the end of trading, Charles Schwab rose $0.29 (1.4%) to $21.23 on heavy volume. Throughout the day, 17,854,401 shares of Charles Schwab exchanged hands as compared to its average daily volume of 10,189,500 shares. The stock ranged in a price between $20.80-$21.44 after having opened the day at $20.87 as compared to the previous trading day's close of $20.94. Other companies within the Financial Services industry that increased today were: Investors Capital Holdings ( ICH), up 11.9%, Global X Silver Miners ETF ( SIL), up 8.7%, First Marblehead Corporation ( FMD), up 7.3% and ClearBridge Energy MLP Total Return Fund In ( CTR), up 5.3%.

The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, money management, and financial advisory services to individuals and institutional clients. The company operates through two segments, Investor Services and Institutional Services. Charles Schwab has a market cap of $26.8 billion and is part of the financial sector. The company has a P/E ratio of 29.0, above the S&P 500 P/E ratio of 17.7. Shares are up 45.8% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Charles Schwab a buy, 4 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Charles Schwab as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Security National Financial Corporation ( SNFCA), down 6.5%, US Global Investors ( GROW), down 6.2%, Palmetto ( PLMT), down 6.1% and JMP Group ( JMP), down 5.2% , were all laggards within the financial services industry with Morgan Stanley ( MS) 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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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