3 Financial Services Stocks Driving The Industry Higher
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 134 points (-0.7%) at 17,815 as of Tuesday, July 5, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 682 issues advancing vs. 2,296 declining with 110 unchanged.
The Financial Services industry currently sits down 0.8% versus the S&P 500, which is down 0.8%. On the negative front, top decliners within the industry include
(
), down 7.1%,
(
), down 4.8%,
(
), down 4.7%,
(
), down 4.6% and
(
), down 4.4%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
(
) is one of the companies pushing the Financial Services industry higher today. As of noon trading, ORIX is up $1.33 (2.1%) to $64.87 on average volume. Thus far, 19,854 shares of ORIX exchanged hands as compared to its average daily volume of 47,300 shares. The stock has ranged in price between $64.86-$65.29 after having opened the day at $65.29 as compared to the previous trading day's close of $63.54.
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ORIX Corporation provides financial services. It operates through six segments: Corporate Financial Services, Maintenance Leasing, Real Estate, Investment and Operation, Retail, and Overseas Business. The Corporate Financial Services segment engages in lending, leasing, and fee businesses. ORIX has a market cap of $16.6 billion and is part of the financial sector. Shares are down 9.5% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate ORIX a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates
ORIX
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, poor profit margins and a generally disappointing performance in the stock itself. Get the full
now.
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2. As of noon trading,
(
) is up $1.25 (1.3%) to $97.58 on average volume. Thus far, 878,498 shares of CME Group exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $95.60-$97.66 after having opened the day at $95.83 as compared to the previous trading day's close of $96.33.
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CME Group Inc., through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. CME Group has a market cap of $32.6 billion and is part of the financial sector. Shares are up 6.3% year-to-date as of the close of trading on Friday. Currently there are 5 analysts who rate CME Group a buy, 2 analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
CME Group
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, reasonable valuation levels and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full
now.
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1. As of noon trading,
(
) is up $1.87 (0.7%) to $254.61 on light volume. Thus far, 218,902 shares of Intercontinental Exchange exchanged hands as compared to its average daily volume of 796,400 shares. The stock has ranged in price between $250.89-$254.80 after having opened the day at $252.54 as compared to the previous trading day's close of $252.74.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Intercontinental Exchange, Inc. operates regulated exchanges, clearing houses, and listings venues for financial and commodity markets in the United States, the United Kingdom, Continental Europe, Asia, Israel, and Canada. Intercontinental Exchange has a market cap of $30.1 billion and is part of the financial sector. Shares are down 1.4% year-to-date as of the close of trading on Friday. Currently there are 9 analysts who rate Intercontinental Exchange a buy, 1 analyst rates it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Intercontinental Exchange
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, compelling growth in net income and reasonable valuation levels. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
Intercontinental Exchange Ratings Report
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the financial services industry could consider
(
) while those bearish on the financial services industry could consider
(
).