Charles Schwab Corp (SCHW): 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.

Charles Schwab ( SCHW) 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, Charles Schwab rose $0.35 (1.4%) to $24.83 on light volume. Throughout the day, 6,161,519 shares of Charles Schwab exchanged hands as compared to its average daily volume of 9,131,800 shares. The stock ranged in a price between $24.50-$25.14 after having opened the day at $24.50 as compared to the previous trading day's close of $24.48. Other companies within the Financial Services industry that increased today were: Direxion Daily Gold Miners Bear 3X Shares ( DUST), up 17.6%, ProShs II:UlS Silver ( ZSL), up 8.8%, ProShares UltraShort MSCI Brazil Cppd ( BZQ), up 7.0% and Direxion Daily Emerging Markets Bear 3X Sha ( EDZ), up 6.4%.

The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, money management, and financial advisory services to individuals and institutional clients. The company operates through two segments, Investor Services and Institutional Services. Charles Schwab has a market cap of $31.9 billion and is part of the financial sector. The company has a P/E ratio of 35.4, above the S&P 500 P/E ratio of 17.7. Shares are up 72.6% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Charles Schwab a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Charles Schwab as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Direxion Daily Gold Miners Bull 3X Shares ( NUGT), down 17.8%, Direxion Daily Latin America Bull 3X Shares ( LBJ), down 7.9%, ProShares Ultra Silver ( AGQ), down 7.9% and Keating Capital ( KIPO), down 7.3% , were all laggards within the financial services industry with Prospect Capital Corporation ( PSEC) 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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