Goldman Sachs Group Inc (GS): 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.

Goldman Sachs Group ( GS) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 0.7%. By the end of trading, Goldman Sachs Group rose $3.39 (2.1%) to $164.39 on heavy volume. Throughout the day, 4,988,518 shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 3,009,100 shares. The stock ranged in a price between $160.31-$164.96 after having opened the day at $161.19 as compared to the previous trading day's close of $161.00. Other companies within the Financial Services industry that increased today were: Direxion Daily Gold Miners Bull 3X Shares ( NUGT), up 11.7%, Direxion Daily China Bull 3X Shares ( YINN), up 11.3%, Sorrento Therapeutics ( SRNE), up 10.1% and ProShares Ultra Russell1000 Value ( UVG), up 7.8%.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Goldman Sachs Group has a market cap of $73.4 billion and is part of the financial sector. Shares are down 9.2% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Goldman Sachs Group a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Goldman Sachs Group as a buy.

On the negative front, Direxion Daily China Bear 3X Shares ( YANG), down 11.5%, Direxion Daily Gold Miners Bear 3X Shares ( DUST), down 11.4%, Barclays Short B Leveraged Inverse S&P 500 ( BXDB), down 8.8% and Atlanticus Holdings ( ATLC), down 7.7% , were all laggards within the financial services industry with American Capital ( ACAS) 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).

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