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5 Stocks Driving The Financial Sector Higher

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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 23 points (-0.2%) at 15,060 as of Friday, May 10, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,550 issues advancing vs. 1,371 declining with 121 unchanged.

The Financial sector currently is unchanged today versus the S&P 500, which is unchanged. Top gainers within the sector include Charles Schwab ( SCHW), up 3.3%, TD Ameritrade Holding Corporation ( AMTD), up 3.0%, Nomura Holdings ( NMR), up 1.9%, Lloyds Banking Group ( LYG), up 1.7% and Credit Suisse Group ( CS), up 1.0%. On the negative front, top decliners within the sector include Shinhan Financial Group ( SHG), down 3.00, Aegon ( AEG), down 2.43, Deutsche Bank ( DB), down 1.83, American Capital Agency ( AGNC), down 1.81 and Orix Corporation ( IX), down 1.64.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector higher today:

5. Berkshire Hathaway ( BRK.A) is one of the companies pushing the Financial sector higher today. As of noon trading, Berkshire Hathaway is up $1,035.00 (0.62) to $167,135.00 on average volume Thus far, 264 shares of Berkshire Hathaway exchanged hands as compared to its average daily volume of 500 shares. The stock has ranged in price between $166,300.00-$167,290.82 after having opened the day at $166,300.00 as compared to the previous trading day's close of $166,100.00.

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 $148.2 billion and is part of the insurance industry. The company has a P/E ratio of 18.5, above the S&P 500 P/E ratio of 17.7. Shares are up 23.9% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Berkshire Hathaway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, good cash flow from operations, solid stock price performance and notable return on equity. 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.

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