Taubman Centers Inc. (TCO): 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.

Taubman Centers ( TCO) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day down 0.3%. By the end of trading, Taubman Centers rose $1.48 (2.2%) to $68.50 on average volume. Throughout the day, 810,590 shares of Taubman Centers exchanged hands as compared to its average daily volume of 544,500 shares. The stock ranged in a price between $67.11-$68.59 after having opened the day at $68.52 as compared to the previous trading day's close of $67.02. Other companies within the Financial sector that increased today were: RBS Oil Trendpilot Exchange Traded Notes ( TWTI), up 11.9%, Millennium India Acquisition Corporation ( SMCG), up 9.8%, Pathfinder Bancorp ( PBHC), up 9.5% and Siebert Financial Corporation ( SIEB), up 9.0%.

Taubman Centers, Inc. operates as a real estate investment trust. As of June 30, 2005, the company owned a 63% managing general partner's interest in The Taubman Realty Group Limited Partnership (the operating partnership). Taubman Centers has a market cap of $4.2 billion and is part of the real estate industry. Shares are down 14.9% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Taubman Centers a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Taubman Centers as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Noah Holdings ( NOAH), down 17.0%, Elbit Imaging ( EMITF), down 9.7%, First Capital Bancorp ( FCVA), down 7.5% and Emclaire Financial Corporation ( EMCF), down 7.2% , were all laggards within the financial sector with Capital One Financial ( COF) 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.
null

If you liked this article you might like

Activist: Saks' Canadian Parent Must Unlock Real Estate Value With Sales or LBO

Here's Why an Activist's Effort to Drive Change at a Major Shopping Mall Operator Has Failed

Taubman Centers' Shareholders Back Board Members

Taubman Fights Back Against Activists Aiming for Board Seats

2 REITs That Have Activist Investors in a Tizzy