Citigroup Inc (C): Today's Featured Banking 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.

Citigroup ( C) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.4%. By the end of trading, Citigroup rose $0.73 (1.5%) to $49.13 on light volume. Throughout the day, 17,279,704 shares of Citigroup exchanged hands as compared to its average daily volume of 23,596,400 shares. The stock ranged in a price between $48.38-$49.19 after having opened the day at $48.45 as compared to the previous trading day's close of $48.40. Other companies within the Banking industry that increased today were: Carver Bancorp ( CARV), up 10.8%, National Bank of Greece ( NBG), up 9.6%, Village Bank and Trust Financial Corporatio ( VBFC), up 5.6% and Patriot National Bancorp ( PNBK), up 5.3%.

Citigroup, Inc., a diversified financial services holding company, provides a range of financial products and services to consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Citicorp and Citi Holdings. Citigroup has a market cap of $148.9 billion and is part of the financial sector. Shares are up 23.8% year to date as of the close of trading on Thursday. Currently there are 17 analysts that rate Citigroup a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Citigroup 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 attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front, Carolina Trust Bank ( CART), down 9.8%, Broadway Financial ( BYFC), down 9.4%, Royal Bancshares of Pennsylvania ( RBPAA), down 7.0% and Ohio Valley Banc Corporation ( OVBC), down 5.6%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF ( KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng ( KRS).

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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