Wells Fargo & Co (WFC): Today's Featured Banking Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Wells Fargo ( WFC) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.4%. By the end of trading, Wells Fargo rose $0.49 (1.1%) to $43.51 on average volume. Throughout the day, 23,844,053 shares of Wells Fargo exchanged hands as compared to its average daily volume of 20,867,300 shares. The stock ranged in a price between $43.17-$43.88 after having opened the day at $43.20 as compared to the previous trading day's close of $43.02. Other companies within the Banking industry that increased today were: Broadway Financial ( BYFC), up 16.1%, Royal Bancshares of Pennsylvania ( RBPAA), up 15.0%, Old Second Bancorp ( OSBC), up 12.6% and Credit Suisse ( DSLV), up 10.7%.

Wells Fargo & Company provides retail, commercial, and corporate banking services. Wells Fargo has a market cap of $229.6 billion and is part of the financial sector. Shares are up 25.9% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Wells Fargo a buy, 1 analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates Wells Fargo 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, expanding profit margins, notable return on equity and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Oak Ridge Financial Services ( BKOR), down 4.9%, First Citizens Banc ( FCZA), down 4.3%, Carolina Trust Bank ( CART), down 4.1% and First Security Group ( FSGI), down 4.0% , were all laggards within the banking industry with U.S. Bancorp ( USB) being today's banking industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF ( KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng ( KRS).

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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