3 Stocks Dragging The Financial Sector Downward

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

All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 230 points (-1.3%) at 17,680 as of Monday, Nov. 9, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 442 issues advancing vs. 2,580 declining with 96 unchanged.

The Financial sector currently sits down 0.9% versus the S&P 500, which is down 1.3%. On the negative front, top decliners within the sector include

Synchrony Financial

(

SYF

), down 4.3%,

General Growth Properties

(

GGP

), down 3.9%,

Banco Santander Brasil SA/Brazil

(

BSBR

), down 3.8%,

KKR

(

KKR

), down 3.6% and

Brookfield Asset Management

(

BAM

), down 3.5%.

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

3.

Visa

(

V

) is one of the companies pushing the Financial sector lower today. As of noon trading, Visa is down $1.03 (-1.3%) to $77.72 on light volume. Thus far, 3.2 million shares of Visa exchanged hands as compared to its average daily volume of 9.4 million shares. The stock has ranged in price between $77.29-$78.40 after having opened the day at $78.40 as compared to the previous trading day's close of $78.75.

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Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. Visa has a market cap of $154.7 billion and is part of the financial services industry. Shares are up 20.1% year-to-date as of the close of trading on Friday. Currently there are 18 analysts that rate Visa a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates

Visa

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, impressive record of earnings per share growth, expanding profit margins and solid stock price performance. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full

Visa Ratings Report

now.

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2. As of noon trading,

Citigroup

(

C

) is down $0.50 (-0.9%) to $55.37 on average volume. Thus far, 8.3 million shares of Citigroup exchanged hands as compared to its average daily volume of 18.7 million shares. The stock has ranged in price between $55.27-$56.19 after having opened the day at $55.92 as compared to the previous trading day's close of $55.87.

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Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. Citigroup has a market cap of $161.3 billion and is part of the banking industry. Shares are up 3.2% year-to-date as of the close of trading on Friday. Currently there are 13 analysts that rate Citigroup a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates

Citigroup

as a

buy

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, attractive valuation levels, expanding profit margins, good cash flow from operations and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full

Citigroup Ratings Report

now.

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1. As of noon trading,

JPMorgan Chase

(

JPM

) is down $0.96 (-1.4%) to $67.50 on average volume. Thus far, 6.5 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 16.5 million shares. The stock has ranged in price between $67.34-$68.72 after having opened the day at $68.70 as compared to the previous trading day's close of $68.46.

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JPMorgan Chase & Co. provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management. JPMorgan Chase has a market cap of $244.6 billion and is part of the banking industry. Shares are up 9.4% year-to-date as of the close of trading on Friday. Currently there are 13 analysts that rate JPMorgan Chase a buy, no 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 solid stock price performance, growth in earnings per share, increase in net income, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. 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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