3 Financial Services Stocks Moving The Industry Upward
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.
One out of the three major indices are trading lower today with the
Dow Jones Industrial Average
(
^DJI
) trading up 55 points (0.3%) at 18,183 as of Monday, March 23, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,001 issues advancing vs. 987 declining with 152 unchanged.
The Financial Services industry currently sits up 0.2% versus the S&P 500, which is up 0.2%. Top gainers within the industry include
(
), up 4.2%,
(
), up 3.6%,
(
), up 3.4%,
(
), up 2.6% and
(
), up 1.6%. On the negative front, top decliners within the industry include
(
), down 2.3%,
(
), down 1.7%,
(
), down 1.4%,
(
), down 1.3% and
(
), down 0.7%.
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, Ares Capital Corporation is up $0.11 (0.7%) to $17.14 on average volume. Thus far, 875,570 shares of Ares Capital Corporation exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $16.97-$17.14 after having opened the day at $17.03 as compared to the previous trading day's close of $17.03.
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Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. Ares Capital Corporation has a market cap of $5.3 billion and is part of the financial sector. Shares are up 9.1% year-to-date as of the close of trading on Friday. Currently there are 7 analysts who rate Ares Capital Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Ares Capital Corporation
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full
Ares Capital Corporation 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.
2. As of noon trading,
(
) is up $0.58 (1.1%) to $53.93 on light volume. Thus far, 560,851 shares of Franklin Resources exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $53.46-$54.03 after having opened the day at $53.50 as compared to the previous trading day's close of $53.35.
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.
Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. Franklin Resources has a market cap of $32.7 billion and is part of the financial sector. Shares are down 3.6% year-to-date as of the close of trading on Friday. Currently there is 1 analyst who rates Franklin Resources a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Franklin Resources
as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full
Franklin Resources 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.
1. As of noon trading,
(
) is up $0.54 (0.7%) to $81.67 on light volume. Thus far, 698,932 shares of Capital One Financial exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $81.18-$81.99 after having opened the day at $81.27 as compared to the previous trading day's close of $81.13.
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.
Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States, the United Kingdom, and Canada. Capital One Financial has a market cap of $44.3 billion and is part of the financial sector. Shares are down 1.7% year-to-date as of the close of trading on Friday. Currently there are 14 analysts who rate Capital One Financial a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Capital One Financial
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full
Capital One Financial 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
(
).
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