3 Financial Stocks Moving The Sector Upward

TheStreet highlights 3 stocks pushing the financial sector higher today.
By TheStreet Wire ,

All three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 29 points (0.2%) at 18,546 as of Friday, July 22, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,820 issues advancing vs. 1,037 declining with 178 unchanged.

The Financial sector currently sits up 0.5% versus the S&P 500, which is up 0.3%. Top gainers within the sector include

Digital Realty

(

DLR

), up 3.4%,

Hartford Financial Services Group

(

HIG

), up 2.8%,

Host Hotels & Resorts

(

HST

), up 2.5%,

E*TRADE Financial

(

ETFC

), up 2.2% and

KB Financial Group

(

KB

), up 2.2%. On the negative front, top decliners within the sector include

Lloyds Banking Group

(

LYG

), down 2.8%,

Capital One Financial

(

COF

), down 1.4% and

Credit Suisse Group

(

CS

), down 0.5%.

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

3.

American International Group

(

AIG

) is one of the companies pushing the Financial sector higher today. As of noon trading, American International Group is up $0.28 (0.5%) to $54.57 on light volume. Thus far, 1.2 million shares of American International Group exchanged hands as compared to its average daily volume of 6.9 million shares. The stock has ranged in price between $54.34-$54.65 after having opened the day at $54.41 as compared to the previous trading day's close of $54.29.

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American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through two segments, Commercial Insurance and Consumer Insurance. American International Group has a market cap of $61.1 billion and is part of the insurance industry. Shares are down 12.4% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts who rate American International Group a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates

American International Group

as a

hold

. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full

American International Group Ratings Report

now.

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2. As of noon trading,

MasterCard

(

MA

) is up $0.52 (0.6%) to $92.98 on average volume. Thus far, 2.0 million shares of MasterCard exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $92.11-$93.15 after having opened the day at $92.73 as compared to the previous trading day's close of $92.46.

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MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. MasterCard has a market cap of $102.5 billion and is part of the financial services industry. Shares are down 5.0% year-to-date as of the close of trading on Thursday. Currently there are 17 analysts who rate MasterCard a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates

MasterCard

as a

buy

. 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, notable return on equity, expanding profit margins and good cash flow from operations. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full

MasterCard Ratings Report

now.

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1. As of noon trading,

JPMorgan Chase

(

JPM

) is up $0.34 (0.5%) to $64.02 on light volume. Thus far, 3.9 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 15.8 million shares. The stock has ranged in price between $63.60-$64.08 after having opened the day at $63.90 as compared to the previous trading day's close of $63.69.

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JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management segments. JPMorgan Chase has a market cap of $233.8 billion and is part of the banking industry. Shares are down 3.5% year-to-date as of the close of trading on Thursday. Currently there are 13 analysts who rate JPMorgan Chase a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

JPMorgan Chase

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, growth in earnings per share and attractive valuation levels. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full

JPMorgan Chase Ratings Report

now.

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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the financial sector could consider

Financial Select Sector SPDR

(

XLF

) while those bearish on the financial sector could consider

Proshares Short Financials

(

SEF

).

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