IntercontinentalExchange Group 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 Group ( ICE) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 0.5%. By the end of trading, IntercontinentalExchange Group rose $3.74 (1.8%) to $206.90 on average volume. Throughout the day, 795,766 shares of IntercontinentalExchange Group exchanged hands as compared to its average daily volume of 969,300 shares. The stock ranged in a price between $204.00-$209.00 after having opened the day at $209.00 as compared to the previous trading day's close of $203.16. Other companies within the Financial Services industry that increased today were: iPath Global Carbon ETN ( GRN), up 14.2%, World Acceptance Corporation ( WRLD), up 14.2%, Consumer Portfolio Services ( CPSS), up 10.6% and Paulson Capital ( PLCC), up 10.3%.

IntercontinentalExchange Group, Inc., through its subsidiaries, operates a network of regulated exchanges and clearing houses for financial and commodity markets primarily in the United States, the United Kingdom, Canada, Europe, and Brazil. IntercontinentalExchange Group has a market cap of $23.5 billion and is part of the financial sector. Currently there are 11 analysts that rate IntercontinentalExchange Group a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates IntercontinentalExchange Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, ELEMENTS MLCX Biofuels Index Total Return E ( FUE), down 14.2%, First Cash Financial Services ( FCFS), down 10.3%, Credit Suisse ( TVIX), down 8.1% and Tiptree Financial ( TIPT), down 7.5%.

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.

More from Markets

Jim Cramer: Oil Needs to Go Down to See Worldwide Growth Pick Up

Jim Cramer: Oil Needs to Go Down to See Worldwide Growth Pick Up

Jim Cramer on the Problem With the Case for More Rate Hikes

Jim Cramer on the Problem With the Case for More Rate Hikes

Video: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

Video: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

'Strong Case for More Rate Hikes,' Says Fed Chair Jerome Powell

'Strong Case for More Rate Hikes,' Says Fed Chair Jerome Powell

Fed Chief Uncertain About Policy-Making as Unemployment Hits 18-Year Low

Fed Chief Uncertain About Policy-Making as Unemployment Hits 18-Year Low