IntercontinentalExchange Inc. (ICE): Today's Featured Financial Services 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.

IntercontinentalExchange ( ICE) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 0.2%. By the end of trading, IntercontinentalExchange rose $2.79 (1.6%) to $182.45 on average volume. Throughout the day, 944,249 shares of IntercontinentalExchange exchanged hands as compared to its average daily volume of 683,200 shares. The stock ranged in a price between $179.66-$183.89 after having opened the day at $180.09 as compared to the previous trading day's close of $179.66. Other companies within the Financial Services industry that increased today were: Paulson Capital ( PLCC), up 11.9%, Regional Management ( RM), up 9.4%, Consumer Portfolio Services ( CPSS), up 6.4% and Encore Capital Group ( ECPG), up 5.4%.

IntercontinentalExchange, Inc. operates regulated global markets and clearing houses primarily in the United States, the United Kingdom, Canada, and Brazil. IntercontinentalExchange has a market cap of $13.0 billion and is part of the financial sector. Shares are up 45.1% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate IntercontinentalExchange a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates IntercontinentalExchange as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, CIFC ( CIFC), down 7.7%, Visa ( V), down 7.5%, First Marblehead Corporation ( FMD), down 6.1% and Investors Capital Holdings ( ICH), down 4.7% , were all laggards within the financial services industry with American Express ( AXP) 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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