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 modelOne out of the three major indices are trading lower today with the Dow Jones Industrial Average (^DJI) trading up 51 points (0.4%) at 13,835 as of Tuesday, Feb. 26, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,532 issues advancing vs. 1,325 declining with 146 unchanged.The Financial sector currently sits up 0.3% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include MetLife (MET), down 2.0%, Citigroup (C), down 1.6%, Credit Suisse Group (CS), down 1.2%, Royal Bank of Scotland Group (The (RBS), down 1.0% and Royal Bank Of Canada (RY), down 0.8%. Top gainers within the sector include CommonWealth REIT (CWH), up 35.6%, American Tower (AMT), up 2.5%, Nomura Holdings (NMR), up 2.5%, Orix Corporation (IX), up 2.4% and Banco Santander (SAN), up 0.6%.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 $1,560.00 (-1.0%) to $148,340.00 on light volume Thus far, 261 shares of Berkshire Hathaway exchanged hands as compared to its average daily volume of 700 shares. The stock has ranged in price between $148,105.00-$149,599.00 after having opened the day at $149,524.00 as compared to the previous trading day's close of $149,900.00. 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 $139.7 billion and is part of the insurance industry. The company has a P/E ratio of 2268.8, above the S&P 500 P/E ratio of 17.7. Shares are up 13.4% year to date as of the close of trading on Monday.TheStreet Ratings rates Berkshire Hathaway as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, solid stock price performance, growth in earnings per share and good cash flow from operations. 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.It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All 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.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV