3 Financial Stocks Pushing Sector Growth
One out of the three major indices are trading lower today with the
Dow Jones Industrial Average
(
^DJI
) trading up 71 points (0.4%) at 17,316 as of Monday, Nov. 16, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,543 issues advancing vs. 1,341 declining with 209 unchanged.
The Financial sector currently sits down 0.1% versus the S&P 500, which is up 0.2%. Top gainers within the sector include
(
), up 3.1%,
(
), up 3.1%,
(
), up 1.9%,
(
), up 1.8% and
(
), up 1.4%. On the negative front, top decliners within the sector include
Mitsubishi UFJ Financial Group
(
), down 2.0%,
(
), down 1.9%,
(
), down 1.4%,
(
), down 1.3% and
(
), down 1.2%.
TheStreet would like to highlight 3 stocks pushing the sector higher today:
3.
(
) is one of the companies pushing the Financial sector higher today. As of noon trading, Weyerhaeuser is up $0.61 (2.1%) to $29.86 on average volume. Thus far, 2.9 million shares of Weyerhaeuser exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $29.24-$29.91 after having opened the day at $29.25 as compared to the previous trading day's close of $29.25.
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Weyerhaeuser Co. is a real estate investment trust. It primarily invests in United States. The firm operates under four business segments, timberlands, wood products, cellulose fibers and real estate. It owns timberlands primarily in the U.S and has long-term licenses in Canada. Weyerhaeuser has a market cap of $15.0 billion and is part of the materials & construction industry. Shares are down 18.5% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Weyerhaeuser a buy, 1 analyst rates it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Weyerhaeuser
as a
. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full
now.
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2. As of noon trading,
(
) is up $1.88 (1.1%) to $174.52 on light volume. Thus far, 209,398 shares of AvalonBay Communities exchanged hands as compared to its average daily volume of 769,900 shares. The stock has ranged in price between $169.02-$174.52 after having opened the day at $169.02 as compared to the previous trading day's close of $172.64.
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AvalonBay Communities, Inc. engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities in the United States. AvalonBay Communities has a market cap of $23.8 billion and is part of the real estate industry. Shares are up 5.7% year-to-date as of the close of trading on Friday. Currently there are 8 analysts who rate AvalonBay Communities a buy, 1 analyst rates it a sell, and 6 rate it a hold.
TheStreet Ratings rates
AvalonBay Communities
as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, solid stock price performance and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full
AvalonBay Communities Ratings Report
now.
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1. As of noon trading,
(
) is up $0.79 (1.0%) to $78.08 on light volume. Thus far, 335,745 shares of Equity Residential exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $77.07-$78.09 after having opened the day at $77.13 as compared to the previous trading day's close of $77.29.
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Equity Residential, a real estate investment trust (REIT), engages in the acquisition, development, and management of multifamily properties in the United States. Equity Residential has a market cap of $28.3 billion and is part of the real estate industry. Shares are up 7.6% year-to-date as of the close of trading on Friday. Currently there are 4 analysts who rate Equity Residential a buy, 1 analyst rates it a sell, and 16 rate it a hold.
TheStreet Ratings rates
Equity Residential
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, solid stock price performance and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full
Equity Residential 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 sector could consider
(
) while those bearish on the financial sector could consider
(
).