Credicorp Ltd (BAP): Today's Featured Banking Laggard

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.

Credicorp ( BAP) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day up 0.6%. By the end of trading, Credicorp fell $4.75 (-3.5%) to $129.22 on average volume. Throughout the day, 504,831 shares of Credicorp exchanged hands as compared to its average daily volume of 447,300 shares. The stock ranged in price between $128.36-$134.23 after having opened the day at $133.82 as compared to the previous trading day's close of $133.97. Other companies within the Banking industry that declined today were: VelocityShares 3x Inverse Natural Gas ETN ( DGAZ), down 11.5%, Jacksonville Bancorp ( JXSB), down 10.0%, VelocityShares 3x Inverse Silver ETN S&P GS ( DSLV), down 7.2% and VelocityShares 3x Inverse Crude ETN ( DWTI), down 6.7%.

Credicorp Ltd., through its subsidiaries, provides financial services primarily in Peru, the Cayman Islands, Bolivia, Chile, Colombia, and Panama. It operates in four segments: Banking, Insurance, Pension Funds, and Investment Banking. Credicorp has a market cap of $10.7 billion and is part of the financial sector. Shares are up 0.9% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Credicorp a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Credicorp as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and premium valuation.

On the positive front, VelocityShares 3x Long Natural Gas ETN ( UGAZ), up 12.0%, First Security Group ( FSGI), up 7.6%, VelocityShares 3x Long Silver ETN linked to ( USLV), up 7.0% and Home Bancorp ( HBCP), up 7.0% , were all gainers within the banking industry with UBS ( UBS) being today's featured banking industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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