3 Stocks Pushing The Financial Services Industry 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 Services industry currently is unchanged today versus the S&P 500, which is up 0.5%. Top gainers within the industry include
(
), up 2.0%,
(
), up 1.0%,
(
), up 1.1%,
(
), up 1.3% and
(
), up 0.7%. On the negative front, top decliners within the industry include
(
), down 3.3%,
(
), down 2.2%,
(
), down 1.1% and
(
), down 0.8%.
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, Ameriprise Financial is up $1.09 (0.8%) to $134.07 on average volume. Thus far, 456,932 shares of Ameriprise Financial exchanged hands as compared to its average daily volume of 992,900 shares. The stock has ranged in price between $132.98-$134.11 after having opened the day at $132.98 as compared to the previous trading day's close of $132.98.
Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. Ameriprise Financial has a market cap of $24.5 billion and is part of the financial sector. Shares are up 0.6% year-to-date as of the close of trading on Friday. Currently there are 4 analysts who rate Ameriprise Financial a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Ameriprise Financial
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full
Ameriprise Financial Ratings Report
now.
2. As of noon trading,
(
) is up $1.07 (1.1%) to $96.49 on light volume. Thus far, 318,663 shares of CME Group exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $95.12-$96.55 after having opened the day at $95.57 as compared to the previous trading day's close of $95.42.
CME Group Inc., through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. CME Group has a market cap of $32.7 billion and is part of the financial sector. Shares are up 7.6% year-to-date as of the close of trading on Friday. Currently there are 4 analysts who rate CME Group a buy, 1 analyst rates it a sell, and 6 rate it a hold.
TheStreet Ratings rates
CME Group
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, compelling growth in net income and reasonable valuation levels. 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
now.
1. As of noon trading,
(
) is up $0.62 (0.8%) to $79.60 on average volume. Thus far, 1.2 million shares of Capital One Financial exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $78.62-$79.67 after having opened the day at $78.94 as compared to the previous trading day's close of $78.98.
Capital One Financial Corporation operates as the bank holding company for 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 $43.5 billion and is part of the financial sector. Shares are down 4.3% year-to-date as of the close of trading on Friday. 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, growth in earnings per share, increase in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full
Capital One Financial 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 services industry could consider
(
) while those bearish on the financial services industry could consider
(
).
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