BB&T Corp (BBT): Today's Featured Banking 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.

BB&T ( BBT) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.6%. By the end of trading, BB&T rose $0.37 (1.0%) to $37.18 on light volume. Throughout the day, 2,698,903 shares of BB&T exchanged hands as compared to its average daily volume of 4,031,700 shares. The stock ranged in a price between $36.57-$37.29 after having opened the day at $36.85 as compared to the previous trading day's close of $36.81. Other companies within the Banking industry that increased today were: Royal Bancshares of Pennsylvania ( RBPAA), up 16.5%, Howard Bancorp Inc Md ( HBMD), up 14.3%, First Federal Bancshares of Arkansas ( FFBH), up 7.3% and Intermountain Community Bancorp ( IMCB), up 5.7%.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. BB&T has a market cap of $26.5 billion and is part of the financial sector. Shares are up 0.6% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate BB&T a buy, 1 analyst rates it a sell, and 15 rate it a hold.

TheStreet Ratings rates BB&T as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance, growth in earnings per share, attractive valuation levels and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, VelocityShares Daily 2x VIX Short Term ETN ( TVIX), down 6.1%, Stewardship Financial Corporation ( SSFN), down 5.2%, VelocityShares 3x Inverse Silver ETN S&P GS ( DSLV), down 5.1% and VelocityShares Daily 2x VIX Medium Term ETN ( TVIZ), down 4.7% , were all laggards within the banking industry with Ocwen Financial Corporation ( OCN) being today's banking industry laggard.

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).

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