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3 Financial Stocks On The Rise

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 model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 45 points (-0.3%) at 14,466 as of Thursday, March 21, 2013, 12:44 PM ET. The NYSE advances/declines ratio sits at 1,235 issues advancing vs. 1,661 declining with 139 unchanged.

The Financial sector currently sits down 0.2% versus the S&P 500, which is down 0.4%. Top gainers within the sector include American Tower ( AMT), up 1.8%, Annaly Capital Management ( NLY), up 1.0%, Nomura Holdings ( NMR), up 1.0% and Ventas ( VTR), up 0.6%. On the negative front, top decliners within the sector include Raymond James Financial ( RJF), down 3.3%, Woori Finance Holdings ( WF), down 2.7%, Shinhan Financial Group ( SHG), down 1.9%, Lloyds Banking Group ( LYG), down 1.7% and Orix Corporation ( IX), down 1.7%.

TheStreet Ratings group would like to highlight 3 stocks pushing the sector higher today:

3. Deutsche Bank ( DB) is one of the companies pushing the Financial sector higher today. As of noon trading, Deutsche Bank is up $0.33 (0.8%) to $42.23 on average volume Thus far, 759,844 shares of Deutsche Bank exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $41.72-$42.68 after having opened the day at $42.00 as compared to the previous trading day's close of $41.90.

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services. Deutsche Bank has a market cap of $39.8 billion and is part of the banking industry. The company has a P/E ratio of 7.7, below the S&P 500 P/E ratio of 17.7. Shares are down 5.9% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Deutsche Bank a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Deutsche Bank as a hold. The company's strongest point has been its very decent return on equity which we feel should persist. At the same time, however, we also find weaknesses including deteriorating net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. Get the full Deutsche Bank Ratings Report now.

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