Legg Mason Inc. (LM): Today's Featured Financial 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.

Legg Mason ( LM) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole was unchanged today. By the end of trading, Legg Mason rose $1.63 (3.8%) to $44.06 on average volume. Throughout the day, 2,376,831 shares of Legg Mason exchanged hands as compared to its average daily volume of 1,586,400 shares. The stock ranged in a price between $42.66-$44.10 after having opened the day at $42.66 as compared to the previous trading day's close of $42.43. Other companies within the Financial sector that increased today were: Bbva Banco FrancesS.A ( BFR), up 11.6%, Direxion Daily Gold Miners Bear 3X Shares ( DUST), up 9.3%, Desarrolladora Homex SAB de CV ADR ( HXM), up 8.7% and Macro Bank ( BMA), up 7.9%.

Legg Mason, Inc. is a publicly owned asset management holding company. The firm through its subsidiaries provides investment management and related services to institutional and individual clients, company-sponsored mutual funds and other pooled investment vehicles. Legg Mason, Inc. Legg Mason has a market cap of $5.0 billion and is part of the financial services industry. Shares are down 2.4% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Legg Mason a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Legg Mason as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Gaming and Leisure Properties ( GLPI), down 17.1%, J.W. Mays ( MAYS), down 15.3%, Imperial Holdings ( IFT), down 12.2% and Siebert Financial Corporation ( SIEB), down 9.9% , were all laggards within the financial sector with Federal Realty Investment ( FRT) being today's financial sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector 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.

If you liked this article you might like

9 Banking Bets, From Main Street to Wall Street

9 Banking Bets, From Main Street to Wall Street

There Is Good and a Lot of Bad in General Electric Earnings

There Is Good and a Lot of Bad in General Electric Earnings

North Korea Is Making These 3 Hot Defense Stocks Look That Much Hotter

North Korea Is Making These 3 Hot Defense Stocks Look That Much Hotter

As Legg Mason Stock Falls One Analyst Sees 22% Upside

As Legg Mason Stock Falls One Analyst Sees 22% Upside

Boeing, Corning Are Winning in My Dividend Plus Buyback Portfolio