Credit Suisse Group (CS): 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.

Credit Suisse Group ( CS) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day down 0.1%. By the end of trading, Credit Suisse Group rose $0.54 (1.8%) to $31.33 on average volume. Throughout the day, 1,819,005 shares of Credit Suisse Group exchanged hands as compared to its average daily volume of 1,220,600 shares. The stock ranged in a price between $31.10-$31.46 after having opened the day at $31.19 as compared to the previous trading day's close of $30.79. Other companies within the Banking industry that increased today were: Intermountain Community Bancorp ( IMCB), up 6.6%, Atlantic Coast Financial ( ACFC), up 6.2%, Firstbank Corp Michigan ( FBMI), up 6.0% and TF Financial Corporation ( THRD), up 5.5%.

Credit Suisse Group AG, together with its subsidiaries, provides various financial services to private, corporate, institutional, and government clients, as well as high-net-worth individuals worldwide. Credit Suisse Group has a market cap of $49.2 billion and is part of the financial sector. Shares are up 25.4% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Credit Suisse Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Credit Suisse Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels and impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.

On the negative front, China Commercial Credit ( CCCR), down 27.9%, Anchor Bancorp ( ANCB), down 8.8%, First West Virginia Bancorp ( FWV), down 6.8% and Republic First Bancorp ( FRBK), down 6.2%.

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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