IntercontinentalExchange Inc. (ICE): 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.

IntercontinentalExchange ( ICE) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day down 0.6%. By the end of trading, IntercontinentalExchange rose $3.92 (2.1%) to $188.03 on heavy volume. Throughout the day, 1,152,707 shares of IntercontinentalExchange exchanged hands as compared to its average daily volume of 578,000 shares. The stock ranged in a price between $183.78-$188.52 after having opened the day at $183.89 as compared to the previous trading day's close of $184.11. Other companies within the Financial Services industry that increased today were: ICG Group ( ICGE), up 9.1%, QIWI PLC ADR ( QIWI), up 8.4%, Paulson Capital ( PLCC), up 4.5% and Carlyle Group ( CG), up 4.2%.

IntercontinentalExchange, Inc. operates regulated global markets and clearing houses primarily in the United States, the United Kingdom, Canada, and Brazil. IntercontinentalExchange has a market cap of $13.2 billion and is part of the financial sector. Shares are up 45.9% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate IntercontinentalExchange a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates IntercontinentalExchange as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in net income, solid stock price performance and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, GFI Group ( GFIG), down 6.4%, Noah Holdings ( NOAH), down 6.2%, Oppenheimer Holdings ( OPY), down 4.3% and Security National Financial Corporation ( SNFCA), down 3.2% , were all laggards within the financial services industry with Capital One Financial ( COF) being today's financial services industry laggard.

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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