3 Financial Services Stocks On The Rise
Two out of the three major indices are trading lower today with the
Dow Jones Industrial Average
(
^DJI
) trading down 22 points (-0.1%) at 17,716 as of Thursday, Nov. 19, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,449 issues advancing vs. 1,474 declining with 170 unchanged.
The Financial Services industry currently sits up 0.1% versus the S&P 500, which is down 0.1%. Top gainers within the industry include
Och-Ziff Capital Management Group
(
), up 4.3%,
(
), up 2.8%,
(
), up 2.4%,
(
), up 1.6% and
(
), up 0.5%. On the negative front, top decliners within the industry include
(
), down 4.7%,
(
), down 2.5%,
(
), down 1.6%,
(
), down 1.4% and
(
), down 1.4%.
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, KKR is up $0.15 (0.9%) to $17.63 on light volume. Thus far, 1.1 million shares of KKR exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $17.46-$17.84 after having opened the day at $17.50 as compared to the previous trading day's close of $17.48.
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.
KKR & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit special situations, growth equity, mature, mezzanine, distressed, and middle market investments. KKR has a market cap of $8.0 billion and is part of the financial sector. Shares are down 24.7% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts who rate KKR a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
KKR
as a
. Among the primary strengths of the company is its expanding profit margins over time. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full
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 $0.33 (0.6%) to $57.36 on light volume. Thus far, 831,680 shares of Discover Financial Services exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $56.91-$57.71 after having opened the day at $57.07 as compared to the previous trading day's close of $57.03.
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.
Discover Financial Services operates as a direct banking and payment services company in the United States. It operates in two segments, Direct Banking and Payment Services. Discover Financial Services has a market cap of $23.9 billion and is part of the financial sector. Shares are down 12.9% year-to-date as of the close of trading on Wednesday. Currently there are 14 analysts who rate Discover Financial Services a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Discover Financial Services
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, growth in earnings per share and attractive 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
Discover Financial Services 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 $0.87 (1.1%) to $79.16 on average volume. Thus far, 1.7 million shares of Capital One Financial exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $78.53-$79.95 after having opened the day at $78.77 as compared to the previous trading day's close of $78.29.
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 $40.6 billion and is part of the financial sector. Shares are down 5.2% year-to-date as of the close of trading on Wednesday. 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, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, increase in net income and growth in earnings per share. We feel its 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
(
).