JPMorgan Chase & Co (JPM): 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.

JPMorgan Chase ( JPM) 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, JPMorgan Chase rose $1.75 (3.0%) to $59.49 on heavy volume. Throughout the day, 31,343,675 shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 17,322,900 shares. The stock ranged in a price between $57.73-$59.65 after having opened the day at $57.73 as compared to the previous trading day's close of $57.74. Other companies within the Banking industry that increased today were: Credit Suisse ( UWTI), up 6.5%, MBT Financial Corporation ( MBTF), up 5.0%, Central Valley Community Bancorp ( CVCY), up 4.6% and Union Bankshares ( UNB), up 4.2%.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $216.9 billion and is part of the financial sector. The company has a P/E ratio of 13.0, below the S&P 500 P/E ratio of 17.7. Shares are down 1.3% year to date as of the close of trading on Tuesday. Currently there are 17 analysts that rate JPMorgan Chase a buy, 1 analyst rates it a sell, and 5 rate it a hold.

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

On the negative front, Credit Suisse ( DWTI), down 6.2%, Carolina Trust Bank ( CART), down 5.1%, Community Financial ( TCFC), down 4.5% and First United ( FUNC), down 4.3%.

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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