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

NEW YORK ( TheStreet) -- Ameriprise Financial (NYSE: AMP) hit a new 52-week high Thursday as it is currently trading at $87.02, above its previous 52-week high of $87 with 921,713 shares traded as of 2:46 p.m. ET. Average volume has been 1.3 million shares over the past 30 days.

Ameriprise Financial has a market cap of $17.21 billion and is part of the financial sector and financial services industry. Shares are up 37% year to date as of the close of trading on Wednesday.

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

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

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.

See all 52-week high stocks or get investment ideas from our investment research center.

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

If you liked this article you might like

There Is Good and a Lot of Bad in General Electric Earnings

There Is Good and a Lot of Bad in General Electric Earnings

These Are the 20 Best Stocks to Own as Millennials Take Over the Stock Market

These Are the 20 Best Stocks to Own as Millennials Take Over the Stock Market

Boeing, Corning Are Winning in My Dividend Plus Buyback Portfolio
5 Things You Must Know Before the Market Opens Monday

5 Things You Must Know Before the Market Opens Monday

Market Recon: The World Is Agog With 'Risk-on' Behavior

Market Recon: The World Is Agog With 'Risk-on' Behavior