Zions Bancorporation (ZION): Today's Featured Financial Laggard

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.

Zions ( ZION) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.1%. By the end of trading, Zions fell $0.35 (-1.3%) to $27.26 on average volume. Throughout the day, 1,930,837 shares of Zions exchanged hands as compared to its average daily volume of 1,966,000 shares. The stock ranged in price between $27.13-$28.07 after having opened the day at $27.62 as compared to the previous trading day's close of $27.61. Other companies within the Financial sector that declined today were: Porter Bancorp ( PBIB), down 9.7%, Vestin Realty Mortgage II ( VRTB), down 8.3%, GAIN Capital Holdings ( GCAP), down 6.3% and American Realty Investors ( ARL), down 6.2%.

Zions Bancorporation, a financial holding company, provides banking and related services in the United States. Zions has a market cap of $5.1 billion and is part of the banking industry. Shares are up 29.0% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Zions a buy, 1 analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates Zions as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, OptimumBank Holdings ( OPHC), up 8.2%, Altisource Asset Management Corporation ( AAMC), up 8.2%, RCS Capital Corp Class A ( RCAP), up 8.2% and Carolina Trust Bank ( CART), up 7.0% , were all gainers within the financial sector with CME Group ( CME) being today's featured financial sector leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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