KeyCorp (KEY): 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.

KeyCorp ( KEY) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole closed the day up 0.5%. By the end of trading, KeyCorp rose $0.22 (1.7%) to $13.17 on average volume. Throughout the day, 10,284,395 shares of KeyCorp exchanged hands as compared to its average daily volume of 10,374,800 shares. The stock ranged in a price between $12.95-$13.22 after having opened the day at $12.96 as compared to the previous trading day's close of $12.96. Other companies within the Banking industry that increased today were: China Commercial Credit ( CCCR), up 32.3%, Greene County Bancorp ( GCBC), up 8.1%, VelocityShares 3x Long Natural Gas ETN ( UGAZ), up 8.1% and Simplicity Bancorp ( SMPL), up 6.3%.

KeyCorp. operates as the holding company for KeyBank National Association that provides various banking services in the United States. KeyCorp has a market cap of $11.7 billion and is part of the financial sector. Shares are down 3.1% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate KeyCorp a buy, 1 analyst rates it a sell, and 14 rate it a hold.

TheStreet Ratings rates KeyCorp as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins, solid stock price performance, attractive valuation levels and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, VelocityShares 3x Inverse Natural Gas ETN ( DGAZ), down 8.6%, Plumas Bancorp ( PLBC), down 5.5%, Elmira Savings Bank Elmira NY ( ESBK), down 4.8% and Carver Bancorp ( CARV), down 4.0% , were all laggards within the banking industry with State Street ( STT) 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.

More from Markets

Dow Loses Steam as Yields Hover Near 3% Threshold

Dow Loses Steam as Yields Hover Near 3% Threshold

Here Are the 3 Biggest Market Movers Monday

Here Are the 3 Biggest Market Movers Monday

Jim Cramer: Kimberly Clark's Quarter Was Better Than Procter & Gamble's

Jim Cramer: Kimberly Clark's Quarter Was Better Than Procter & Gamble's

The Stock Market Isn't Rigged, Just Look At The Odds (VIDEO)

The Stock Market Isn't Rigged, Just Look At The Odds (VIDEO)

Let the Najarian Brothers Help You Generate Income With Options

Let the Najarian Brothers Help You Generate Income With Options