This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

5 Financial Stocks Nudging The Sector Higher

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 12 points (0.1%) at 14,943 as of Thursday, Sept. 5, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,432 issues advancing vs. 1,453 declining with 120 unchanged.

The Financial sector currently sits up 0.2% versus the S&P 500, which is up 0.2%. Top gainers within the sector include HDFC Bank ( HDB), up 6.8%, Lloyds Banking Group ( LYG), up 2.9%, Weyerhaeuser ( WY), up 2.0%, Royal Bank of Scotland Group (The ( RBS), up 1.7% and Manulife Financial Corporation ( MFC), up 1.3%. On the negative front, top decliners within the sector include Ventas ( VTR), down 1.8%, HCP ( HCP), down 1.7%, Health Care REIT ( HCN), down 1.8%, Franklin Resources ( BEN), down 1.0% and Simon Property Group ( SPG), down 0.8%.

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

5. Toronto-Dominion Bank ( TD) is one of the companies pushing the Financial sector higher today. As of noon trading, Toronto-Dominion Bank is up $0.97 (1.1%) to $87.06 on average volume. Thus far, 225,454 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 582,100 shares. The stock has ranged in price between $86.27-$87.45 after having opened the day at $86.31 as compared to the previous trading day's close of $86.09.

The Toronto-Dominion Bank, together with its subsidiaries, provides financial and banking services in North America and internationally. The company's Canadian Personal and Commercial Banking segment offers various financial products and services to personal and small business customers. Toronto-Dominion Bank has a market cap of $79.1 billion and is part of the banking industry. Shares are up 2.1% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Toronto-Dominion Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Toronto-Dominion Bank as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Toronto-Dominion Bank Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

Jim Cramer's protégé, David 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
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
Submit an article to us!
DOW 17,796.45 +77.45 0.44%
S&P 500 2,061.79 +9.04 0.44%
NASDAQ 4,714.6930 +12.8260 0.27%

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs