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3 Stocks Boosting The Financial 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 28 points (-0.2%) at 16,647 as of Wednesday, May 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,518 issues advancing vs. 1,472 declining with 153 unchanged.

The Financial sector currently sits down 0.2% versus the S&P 500, which is unchanged. Top gainers within the sector include Nationstar Mortgage Holdings ( NSM), up 5.5%, Capital One Financial ( COF), up 1.0%, Discover Financial Services ( DFS), up 0.9%, HDFC Bank ( HDB), up 0.9% and Royal Bank of Scotland Group (The ( RBS), up 0.7%. On the negative front, top decliners within the sector include Health Care REIT ( HCN), down 3.0%, First Republic Bank (San Francisco CA ( FRC), down 2.0%, Manulife Financial Corporation ( MFC), down 1.9%, HCP ( HCP), down 1.7% and Ventas ( VTR), down 1.6%.

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

3. Banco De Chile ( BCH) is one of the companies pushing the Financial sector higher today. As of noon trading, Banco De Chile is up $0.86 (1.1%) to $80.86 on light volume. Thus far, 13,352 shares of Banco De Chile exchanged hands as compared to its average daily volume of 67,100 shares. The stock has ranged in price between $80.44-$81.02 after having opened the day at $80.44 as compared to the previous trading day's close of $80.00.

Banco de Chile provides traditional banking products and specialized financial services to large corporations, companies, and individuals in Chile. The company offers various deposit products, including current accounts, demand deposits, savings accounts, and time deposits. Banco De Chile has a market cap of $12.6 billion and is part of the banking industry. Shares are down 7.5% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Banco De Chile a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Banco De Chile as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Banco De Chile 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.

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