JPMorgan Chase & Co (JPM): 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.

JPMorgan Chase ( JPM) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 1.2%. By the end of trading, JPMorgan Chase rose $0.81 (1.4%) to $56.54 on light volume. Throughout the day, 15,831,824 shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 21,815,300 shares. The stock ranged in a price between $56.20-$56.78 after having opened the day at $56.36 as compared to the previous trading day's close of $55.73. Other companies within the Banking industry that increased today were: Colonial Financial Services ( COBK), up 20.7%, Credit Suisse ( UWTI), up 9.8%, Lloyds Banking Group ( LYG), up 8.4% and Ocwen Financial Corporation ( OCN), up 7.3%.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $209.1 billion and is part of the financial sector. Shares are up 26.7% year to date as of the close of trading on Wednesday. Currently there are 19 analysts that rate JPMorgan Chase a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates JPMorgan Chase 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, compelling growth in net income, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front, Village Bank and Trust Financial Corporatio ( VBFC), down 11.1%, Bank Bradesco ( BBDO), down 7.6%, Credit Suisse ( DWTI), down 7.6% and First Security Group ( FSGI), down 6.3%.

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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