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5 Stocks Pushing The Financial Sector Downward

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 15,618 as of Friday, Aug. 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,354 issues advancing vs. 1,554 declining with 118 unchanged.

The Financial sector currently sits down 0.2% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include Royal Bank of Scotland Group (The ( RBS), down 2.4%, Orix Corporation ( IX), down 1.5%, MetLife ( MET), down 1.2%, HDFC Bank ( HDB), down 1.2% and Equity Residential ( EQR), down 0.9%. Top gainers within the sector include UBS ( UBS), up 2.3%, Visa ( V), up 2.2%, Host Hotels & Resorts ( HST), up 2.3%, HCP ( HCP), up 2.1% and Banco De Chile ( BCH), up 1.2%.

TheStreet would like to highlight 5 stocks pushing the sector lower today:

5. Sun Life Financial ( SLF) is one of the companies pushing the Financial sector lower today. As of noon trading, Sun Life Financial is down $0.36 (-1.1%) to $32.03 on light volume. Thus far, 105,415 shares of Sun Life Financial exchanged hands as compared to its average daily volume of 370,800 shares. The stock has ranged in price between $31.82-$32.26 after having opened the day at $32.21 as compared to the previous trading day's close of $32.39.

Sun Life Financial Inc., an international financial services organization, provides a range of protection and wealth accumulation products and services to individuals and corporate customers. Sun Life Financial has a market cap of $19.6 billion and is part of the insurance industry. Shares are up 22.3% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Sun Life Financial a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Sun Life Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, notable return on equity, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Sun Life Financial Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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