Credit Suisse Group (CS): 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.

Credit Suisse Group ( CS) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Credit Suisse Group fell $0.48 (-1.5%) to $30.94 on average volume. Throughout the day, 751,146 shares of Credit Suisse Group exchanged hands as compared to its average daily volume of 885,000 shares. The stock ranged in price between $30.83-$31.45 after having opened the day at $31.33 as compared to the previous trading day's close of $31.42. Other companies within the Banking industry that declined today were: Broadway Financial ( BYFC), down 9.7%, Howard Bancorp Inc Md ( HBMD), down 8.9%, Eastern Virginia Bankshares ( EVBS), down 7.4% and United Security ( UBFO), down 6.1%.

Credit Suisse Group AG, together with its subsidiaries, provides various financial services to private, corporate, institutional, and government clients, as well as high-net-worth individuals worldwide. Credit Suisse Group has a market cap of $49.3 billion and is part of the financial sector. Shares are down 0.2% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Credit Suisse Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Credit Suisse Group as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, increase in stock price during the past year and expanding profit margins. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.

On the positive front, Southwest Georgia Financial Corporation ( SGB), up 10.9%, Bank of Commerce Holdings ( BOCH), up 6.7%, WashingtonFirst Bankshares ( WFBI), up 5.8% and Stewardship Financial Corporation ( SSFN), up 5.5% , were all gainers within the banking industry with State Street ( STT) 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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