Western Union Company (WU): 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.

Western Union Company ( WU) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole was unchanged today. By the end of trading, Western Union Company rose $0.46 (2.9%) to $16.34 on heavy volume. Throughout the day, 17,917,395 shares of Western Union Company exchanged hands as compared to its average daily volume of 6,681,000 shares. The stock ranged in a price between $16.15-$16.99 after having opened the day at $16.50 as compared to the previous trading day's close of $15.88. Other companies within the Financial Services industry that increased today were: Direxion Daily Gold Miners Bear 3X Shares ( DUST), up 9.3%, UBS E-TRACS S&P 500 Gold Hedged Index ETN ( SPGH), up 7.7%, PHH Corporation ( PHH), up 6.4% and Paulson Capital ( PLCC), up 6.2%.

The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers cash money transfer services involving walk-in agent locations. Western Union Company has a market cap of $8.6 billion and is part of the financial sector. Shares are down 7.9% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Western Union Company a buy, 3 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Western Union Company as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the negative front, Siebert Financial Corporation ( SIEB), down 9.9%, Direxion Daily Gold Miners Bull 3X Shares ( NUGT), down 8.8%, Cash Store Financial Services ( CSFS), down 6.0% and Equus Total Return ( EQS), down 5.7% , were all laggards within the financial services industry with WisdomTree Investments ( WETF) 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.

More from Markets

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Lowe's Snags Ex-Home Depot Exec as CEO; ISPs Face Competitive Threat -- ICYMI

Lowe's Snags Ex-Home Depot Exec as CEO; ISPs Face Competitive Threat -- ICYMI

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Owner of Moviepass Sees Stock Plummet

Owner of Moviepass Sees Stock Plummet