5 Stocks Pushing The Financial Sector Lower
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our modelThe Dow Jones Industrial Average (^DJI) steady at 13,953 as of Wednesday, Jan. 30, 2013, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,129 issues advancing vs. 1,699 declining with 163 unchanged.The Financial sector currently sits down 0.2% versus the S&P 500, which is down 0.0%. On the negative front, top decliners within the sector include Icahn (IEP), down 4.8%, Weyerhaeuser (WY), down 2.4%, Prologis (PLD), down 1.7%, Lloyds Banking Group (LYG), down 1.8% and ACE (ACE), down 1.4%. Top gainers within the sector include Nomura Holdings (NMR), up 2.7%, HDFC Bank (HDB), up 1.6%, Deutsche Bank (DB), up 1.2%, Capital One Financial (COF), up 1.0% and Mitsubishi UFJ Financial Group (MTU), up 0.7%.TheStreet Ratings group would like to highlight 5 stocks pushing the sector lower today:5. Berkshire Hathaway (BRK.A) is one of the companies pushing the Financial sector lower today. As of noon trading, Berkshire Hathaway is down $795.10 (-0.5%) to $145,699.90 on light volume Thus far, 172 shares of Berkshire Hathaway exchanged hands as compared to its average daily volume of 800 shares. The stock has ranged in price between $145,400.01-$146,600.00 after having opened the day at $146,600.00 as compared to the previous trading day's close of $146,495.00.Berkshire Hathaway, Inc. is a publicly owned investment manager. Through its subsidiaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business. Berkshire Hathaway was founded in 1889 and is based in Omaha, Nebraska. Berkshire Hathaway has a market cap of $134.9 billion and is part of the insurance industry. The company has a P/E ratio of 2189.8, above the S&P 500 P/E ratio of 17.7. Shares are up 9.4% year to date as of the close of trading on Tuesday.TheStreet Ratings rates Berkshire Hathaway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, growth in earnings per share and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Berkshire Hathaway Ratings Report now.EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
Latest Headlines about SPG
-
Time to Focus on Blue-Chip REITs
12:43PM 06/03/13
-
Taubman's Tasty Preferred Shares
01:28PM 05/23/13
-
A REIT and Fund Company With a Low Profile
06:00AM 04/17/13
-
5 Dividend Stocks That Want to Pay You More
11:45AM 03/07/13
-
Three Rs for Risk Control: Retirement, Recession and REITs
11:25AM 01/14/13
-
Santa Says Simon Has Been Very, Very Good This Year
09:01AM 12/24/12
-
Top Insider Trades: SPG NSH VNTV HTZ
08:00AM 12/17/12
Latest from TheStreet Wire
-
Randgold Resources Ltd (GOLD): Today's Featured Basic Materials Laggard
05:01PM 06/18/13
-
Pinnacle West Capital Corporation (PNW): Today's Featured Utilities Laggard
05:01PM 06/18/13
-
Saks Incorporated (SKS): Today's Featured Retail Laggard
05:01PM 06/18/13
-
Catamaran Corp (CTRX): Today's Featured Computer Software & Services Laggard
05:01PM 06/18/13
-
Leucadia National Corporation (LUK): Today's Featured Food & Beverage Laggard
05:01PM 06/18/13
-
Clearwire Corp (CLWR): Today's Featured Telecommunications Laggard
05:01PM 06/18/13
-
Infosys Ltd (INFY): Today's Featured Technology Laggard
05:01PM 06/18/13
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
TheStreet Quant Ratings
TRY IT FREENew! $49.95/yr
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
Product Features:
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Dividend Stock Advisor
TRY IT FREEJim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
