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3 Stocks Dragging In The Financial Sector

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 29 points (0.2%) at 17,012 as of Tuesday, July 29, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,550 issues advancing vs. 1,408 declining with 169 unchanged.

The Financial sector currently sits up 0.3% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include Meridian Interstate Bancorp ( EBSB), down 58.8%, Nomura Holdings ( NMR), down 1.9%, UBS ( UBS), down 1.6%, General Growth Properties ( GGP), down 1.5% and Credit Suisse Group ( CS), down 0.8%. Top gainers within the sector include Woori Finance Holdings ( WF), up 4.2%, Shinhan Financial Group ( SHG), up 3.0%, E*Trade Financial ( ETFC), up 2.7%, KB Financial Group ( KB), up 2.2% and American Realty Capital Properties ( ARCP), up 1.9%.

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

3. Plum Creek Timber ( PCL) is one of the companies pushing the Financial sector lower today. As of noon trading, Plum Creek Timber is down $1.02 (-2.3%) to $42.89 on heavy volume. Thus far, 1.1 million shares of Plum Creek Timber exchanged hands as compared to its average daily volume of 779,800 shares. The stock has ranged in price between $41.15-$42.90 after having opened the day at $42.01 as compared to the previous trading day's close of $43.91.

Plum Creek Timber Company, Inc. is a publicly owned real estate investment trust (REIT). The trust owns and manages timberlands in the United States. Its products include lumber products, plywood, medium density fiberboard, and related by-products, such as wood chips. Plum Creek Timber has a market cap of $7.8 billion and is part of the materials & construction industry. Shares are down 5.6% year-to-date as of the close of trading on Monday. Currently there are 4 analysts that rate Plum Creek Timber a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Plum Creek Timber as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Plum Creek Timber 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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