Citigroup Inc (C): 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.

Citigroup ( C) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.9%. By the end of trading, Citigroup rose $0.59 (1.2%) to $49.92 on average volume. Throughout the day, 29,248,896 shares of Citigroup exchanged hands as compared to its average daily volume of 28,828,800 shares. The stock ranged in a price between $48.77-$50.25 after having opened the day at $49.27 as compared to the previous trading day's close of $49.33. Other companies within the Banking industry that increased today were: Severn Bancorp ( SVBI), up 6.7%, Summit Financial Group ( SMMF), up 5.8%, First ( FBMS), up 5.0% and Heritage Oaks Bancorp ( HEOP), up 4.8%.

Citigroup, Inc., a diversified financial services holding company, provides a range of financial products and services to consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Citicorp and Citi Holdings. Citigroup has a market cap of $153.1 billion and is part of the financial sector. Shares are up 27.3% year to date as of the close of trading on Monday. Currently there are 17 analysts that rate Citigroup a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, attractive valuation levels, solid stock price performance and good cash flow from operations. 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, Porter Bancorp ( PBIB), down 8.1%, Colony Bankcorp ( CBAN), down 6.4%, Credit Suisse ( DOIL), down 5.0% and California First National Bancorp ( CFNB), down 4.6%.

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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