PNC Financial Services Group Inc (PNC): 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.

PNC Financial Services Group ( PNC) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day up 0.1%. By the end of trading, PNC Financial Services Group rose $0.81 (1.1%) to $73.35 on light volume. Throughout the day, 1,136,444 shares of PNC Financial Services Group exchanged hands as compared to its average daily volume of 2,285,500 shares. The stock ranged in a price between $72.22-$73.61 after having opened the day at $72.54 as compared to the previous trading day's close of $72.54. Other companies within the Financial sector that increased today were: Broadway Financial ( BYFC), up 38.4%, ICICI Bank ( IBN), up 13.0%, ZipRealty ( ZIPR), up 11.8% and Atlantic Coast Financial ( ACFC), up 10.3%.

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States and internationally. The company's Retail Banking segment provides deposit, lending, brokerage, investment management, and cash management services. PNC Financial Services Group has a market cap of $38.5 billion and is part of the banking industry. Shares are up 24.4% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate PNC Financial Services Group a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates PNC Financial Services Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, compelling growth in net income, expanding profit margins and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, IRSA Inversiones y Representaciones ( IRS), down 11.5%, Unity Bancorp ( UNTY), down 9.0%, Roberts Realty Investors ( RPI), down 5.7% and China Housing & Land Development ( CHLN), down 5.6% , were all laggards within the financial sector with Franklin Resources ( BEN) 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

14 Bank Stocks That Will Either Surge or Do Nothing

Goldman's Top Bank Stocks for the Rest of 2017

Don't Bank on PNC: It May Retest Highs, but Could Disappoint Longer-Term

Electronic Arts, Activision Blizzard and Take-Two Interactive: 'Mad Money' Lightning Round

Don't Let Stock Picking Scare You: Cramer's 'Mad Money' Recap (Wednesday 7/19/17)