KeyCorp Surges 1.73% on Analyst Praise Ranks 238th in $500M Trading Volume

On August 13, 2025, KeyCorp (KEY) closed with a 1.73% gain, trading at $5.50 per share. The stock saw a volume of $0.5 billion, ranking 238th in trading activity for the day. The move followed renewed investor interest driven by strategic commentary from market analysts.

Jim Cramer's recent endorsement of KeyCorp during a live broadcast highlighted the stock's 4.7% yield and the leadership of CEO Chris Gorman as key catalysts. Cramer emphasized the stock's defensive characteristics in the current market environment, urging investors to consider its long-term value proposition. The bank's diversified offerings in retail banking, commercial lending, and wealth management were cited as structural advantages amid shifting economic conditions.

A backtested strategy of purchasing the top 500 volume-driven stocks and holding for one day from 2022 yielded a compound annual growth rate of 6.98%. However, the approach faced a maximum drawdown of 15.59% in mid-2023, underscoring the volatility inherent in high-volume trading strategies. The historical performance demonstrated consistent, albeit modest, returns over the testing period.