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3 Stocks Raising The Financial Services Industry 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 22 points (0.1%) at 16,756 as of Friday, June 13, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,558 issues advancing vs. 1,369 declining with 183 unchanged.

The Financial Services industry currently is unchanged today versus the S&P 500, which is up 0.2%. Top gainers within the industry include CBOE Holdings ( CBOE), up 1.7%, Charles Schwab ( SCHW), up 1.1%, CME Group ( CME), up 0.8% and Voya Financial ( VOYA), up 0.8%. On the negative front, top decliners within the industry include Cash America International ( CSH), down 5.5%, Invesco ( IVZ), down 0.8%, Blackstone Group ( BX), down 0.8%, Franklin Resources ( BEN), down 0.8% and Capital One Financial ( COF), down 0.7%.

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

3. Financial Engines ( FNGN) is one of the companies pushing the Financial Services industry higher today. As of noon trading, Financial Engines is up $1.15 (2.5%) to $47.30 on light volume. Thus far, 152,447 shares of Financial Engines exchanged hands as compared to its average daily volume of 581,600 shares. The stock has ranged in price between $45.68-$47.32 after having opened the day at $46.24 as compared to the previous trading day's close of $46.15.

Financial Engines, Inc., together with its subsidiaries, provides independent, technology-enabled portfolio management services, investment advice, and retirement income services to participants in employer-sponsored defined contribution plans in the United States. Financial Engines has a market cap of $2.3 billion and is part of the financial sector. Shares are down 33.6% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who rate Financial Engines a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Financial Engines as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including premium valuation and relatively poor performance when compared with the S&P 500 during the past year. Get the full Financial Engines 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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