Wells Fargo & Co (WFC): Today's Featured Financial 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 Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day up 0.8%. By the end of trading, Wells Fargo rose $0.76 (1.8%) to $44.26 on average volume. Throughout the day, 19,580,424 shares of Wells Fargo exchanged hands as compared to its average daily volume of 21,350,400 shares. The stock ranged in a price between $44.12-$44.74 after having opened the day at $44.19 as compared to the previous trading day's close of $43.50. Other companies within the Financial sector that increased today were: Homex Development ( HXM), up 22.5%, Colonial Financial Services ( COBK), up 20.7%, Zillow ( Z), up 14.8% and State Auto Financial Corporation ( STFC), up 12.5%.

Wells Fargo & Company provides retail, commercial, and corporate banking services. Wells Fargo has a market cap of $229.1 billion and is part of the banking industry. Shares are up 27.3% year to date as of the close of trading on Wednesday. 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. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Donegal Group ( DGICB), down 15.2%, Paulson Capital ( PLCC), down 15.0%, Village Bank and Trust Financial Corporatio ( VBFC), down 11.1% and IFM Investments ( CTC), down 10.5% , were all laggards within the financial sector with HCP ( HCP) being today's financial sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector 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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