BlackRock Inc (BLK): Today's Featured Financial Services 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.

BlackRock ( BLK) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 0.6%. By the end of trading, BlackRock rose $2.78 (1.1%) to $260.54 on light volume. Throughout the day, 326,844 shares of BlackRock exchanged hands as compared to its average daily volume of 804,700 shares. The stock ranged in a price between $257.30-$262.60 after having opened the day at $257.30 as compared to the previous trading day's close of $257.76. Other companies within the Financial Services industry that increased today were: Manhattan Bridge Capital ( LOAN), up 5.3%, Siebert Financial Corporation ( SIEB), up 4.4%, CIFC ( CIFC), up 3.8% and WisdomTree Investments ( WETF), up 3.7%.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. BlackRock has a market cap of $45.3 billion and is part of the financial sector. Shares are up 25.3% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate BlackRock a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates BlackRock 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, revenue growth, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Marine Petroleum ( MARPS), down 4.6%, QIWI PLC ADR ( QIWI), down 4.0%, Investors Capital Holdings ( ICH), down 3.4% and Paulson Capital ( PLCC), down 3.2%.

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