KKR & Co LP (KKR): 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.

KKR ( KKR) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day down 0.1%. By the end of trading, KKR rose $0.64 (2.8%) to $23.70 on average volume. Throughout the day, 2,203,947 shares of KKR exchanged hands as compared to its average daily volume of 2,345,100 shares. The stock ranged in a price between $23.29-$23.75 after having opened the day at $23.38 as compared to the previous trading day's close of $23.06. Other companies within the Financial Services industry that increased today were: Federal Agricultural Mortgage ( AGM.A), up 5.7%, Paulson Capital ( PLCC), up 5.5%, Manhattan Bridge Capital ( LOAN), up 5.4% and Mesa Royalty ( MTR), up 3.5%.

Kohlberg Kravis Roberts & Co. is a private equity investment firm specializing in acquisitions, leveraged buyouts, management buyouts, special situations, growth equity, mature, distressed, and middle market investments. KKR has a market cap of $6.7 billion and is part of the financial sector. Shares are down 5.3% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate KKR a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates KKR as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, compelling growth in net income, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, E*Trade Financial ( ETFC), down 6.5%, Xoom ( XOOM), down 5.5%, TD Ameritrade Holding Corporation ( AMTD), down 5.3% and Institutional Financial Markets ( IFMI), down 4.8% , were all laggards within the financial services industry with BlackRock ( BLK) 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.

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