3 Stocks Boosting The Financial Sector Higher
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.
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 171 points (1.0%) at 18,028 as of Monday, March 9, 2015, 1:50 PM ET. The NYSE advances/declines ratio sits at 1,589 issues advancing vs. 1,440 declining with 142 unchanged.
The Financial sector currently sits up 0.1% versus the S&P 500, which is up 0.5%. Top gainers within the sector include
(
), up 6.1%,
Mitsubishi UFJ Financial Group
(
), up 1.0%,
(
), up 1.5%,
(
), up 1.1% and
(
), up 0.9%. On the negative front, top decliners within the sector include
(
), down 2.3%,
(
), down 1.9%,
Royal Bank of Scotland Group (The
(
), down 1.3%,
(
), down 1.2% and
(
), down 0.9%.
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, ACE is up $0.93 (0.8%) to $112.91 on light volume. Thus far, 343,860 shares of ACE exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $111.92-$112.92 after having opened the day at $112.15 as compared to the previous trading day's close of $111.98.
ACE Limited, through its subsidiaries, provides a range of property and casualty insurance and reinsurance products worldwide. ACE has a market cap of $37.1 billion and is part of the insurance industry. Shares are down 2.5% year-to-date as of the close of trading on Friday. Currently there are 10 analysts who rate ACE a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
ACE
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full
now.
2. As of noon trading,
(
) is up $0.69 (0.9%) to $74.31 on average volume. Thus far, 1.7 million shares of Health Care REIT exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $73.67-$74.60 after having opened the day at $73.92 as compared to the previous trading day's close of $73.62.
Health Care REIT, Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. Health Care REIT has a market cap of $25.3 billion and is part of the real estate industry. Shares are down 2.7% year-to-date as of the close of trading on Friday. Currently there are 5 analysts who rate Health Care REIT a buy, 1 analyst rates it a sell, and 9 rate it a hold.
TheStreet Ratings rates
Health Care REIT
as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full
Health Care REIT Ratings Report
now.
1. As of noon trading,
(
) is up $0.96 (0.9%) to $106.76 on light volume. Thus far, 626,664 shares of Travelers Companies exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $105.93-$106.76 after having opened the day at $105.97 as compared to the previous trading day's close of $105.80.
The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the Unites states and internationally. Travelers Companies has a market cap of $34.6 billion and is part of the insurance industry. Shares are down 0.1% year-to-date as of the close of trading on Friday. Currently there are 4 analysts who rate Travelers Companies a buy, 1 analyst rates it a sell, and 14 rate it a hold.
TheStreet Ratings rates
Travelers Companies
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, notable return on equity, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full
Travelers Companies Ratings Report
now.
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
(
).
null