IntercontinentalExchange Group Inc (ICE): 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.

IntercontinentalExchange Group ( ICE) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 0.2%. By the end of trading, IntercontinentalExchange Group rose $2.66 (1.3%) to $212.91 on average volume. Throughout the day, 948,215 shares of IntercontinentalExchange Group exchanged hands as compared to its average daily volume of 971,400 shares. The stock ranged in a price between $210.08-$213.93 after having opened the day at $211.37 as compared to the previous trading day's close of $210.25. Other companies within the Financial Services industry that increased today were: Tile Shop Holdings ( TTS), up 13.9%, PowerShares DB Agriculture Short ETN ( ADZ), up 10.2%, Springleaf Holdings ( LEAF), up 6.4% and iPath Global Carbon ETN ( GRN), up 6.1%.

IntercontinentalExchange Group, Inc., through its subsidiaries, operates a network of regulated exchanges and clearing houses for financial and commodity markets primarily in the United States, the United Kingdom, Canada, Europe, and Brazil. IntercontinentalExchange Group has a market cap of $24.4 billion and is part of the financial sector. Currently there are 11 analysts that rate IntercontinentalExchange Group a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates IntercontinentalExchange Group as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and generally higher debt management risk.

On the negative front, Financial Engines ( FNGN), down 11.0%, Cash Store Financial Services ( CSFS), down 9.6%, db X-trackers 2030 Target Date Fund ( TDN), down 6.1% and LiqTech International ( LIQT), down 5.6% , were all laggards within the financial services industry with Affiliated Managers Group ( AMG) 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

Is Best Buy Sleeping With the Enemy With Amazon Partnership?

Is Best Buy Sleeping With the Enemy With Amazon Partnership?

Sprint, T-Mobile Might Have to Do More Than Make Promises to Get Deal Approved

Sprint, T-Mobile Might Have to Do More Than Make Promises to Get Deal Approved

Video: The S&P 500 Is Failing to Make New Highs

Video: The S&P 500 Is Failing to Make New Highs

Dow, S&P 500 and Nasdaq Finish Lower as Apple, P&G Slump

Dow, S&P 500 and Nasdaq Finish Lower as Apple, P&G Slump

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists