Ameriprise Financial Stock Hits New 52-Week High (AMP)

NEW YORK ( TheStreet) -- Ameriprise Financial (NYSE: AMP) hit a new 52-week high Tuesday as it is currently trading at $84.58, above its previous 52-week high of $84.38 with 4,230 shares traded as of 9:30 a.m. ET. Average volume has been 1.3 million shares over the past 30 days.

Ameriprise Financial has a market cap of $16.75 billion and is part of the financial sector and financial services industry. Shares are up 33.5% year to date as of the close of trading on Monday.

Ameriprise Financial, Inc., through its subsidiaries, provides a range of financial products and services in the United States and internationally.

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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. You can view the full Ameriprise Financial Ratings Report.

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