SYF, BX And AXP, 3 Financial Services Stocks Pushing The Industry Lower

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

Two out of the three major indices are trading lower today with the

Dow Jones Industrial Average

(

^DJI

) trading down 6 points (0.0%) at 17,753 as of Wednesday, Nov. 11, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,244 issues advancing vs. 1,682 declining with 165 unchanged.

The Financial Services industry currently sits down 0.2% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include

Credit Acceptance

(

CACC

), down 4.8%,

SLM

(

SLM

), down 1.5%,

Legg Mason

(

LM

), down 1.1% and

Nomura Holdings

(

NMR

), down 0.8%. Top gainers within the industry include

Springleaf Holdings

(

LEAF

), up 1.9%,

MarketAxess Holdings

(

MKTX

), up 1.4%,

LPL Financial Holdings

(

LPLA

), up 1.1%,

Equifax

(

EFX

), up 1.1% and

CBOE Holdings

(

CBOE

), up 0.9%.

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

3.

Synchrony Financial

(

SYF

) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Synchrony Financial is down $0.20 (-0.7%) to $30.88 on heavy volume. Thus far, 13.4 million shares of Synchrony Financial exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $30.75-$31.23 after having opened the day at $31.11 as compared to the previous trading day's close of $31.08.

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.

Synchrony Financial operates as a consumer financial services company in the United States. Synchrony Financial has a market cap of $27.1 billion and is part of the financial sector. Shares are up 4.5% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Synchrony Financial a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Synchrony Financial

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and notable return on equity. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full

Synchrony Financial 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.

2. As of noon trading,

Blackstone Group

(

BX

) is down $0.31 (-1.0%) to $31.94 on light volume. Thus far, 1.2 million shares of Blackstone Group exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $31.84-$32.43 after having opened the day at $32.38 as compared to the previous trading day's close of $32.25.

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.

The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. Blackstone Group has a market cap of $19.8 billion and is part of the financial sector. Shares are down 4.7% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Blackstone Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates

Blackstone Group

as a

buy

. Among the primary strengths of the company is its solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

Blackstone Group 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.

1. As of noon trading,

American Express

(

AXP

) is down $0.40 (-0.6%) to $72.97 on light volume. Thus far, 1.5 million shares of American Express exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $72.91-$73.60 after having opened the day at $73.40 as compared to the previous trading day's close of $73.37.

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.

American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. The company operates through four segments: U.S. American Express has a market cap of $72.3 billion and is part of the financial sector. Shares are down 21.1% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts that rate American Express a buy, 4 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates

American Express

as a

buy

. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, reasonable valuation levels and notable return on equity. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full

American Express 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 services industry could consider

Financial Select Sector SPDR

(

XLF

) while those bearish on the financial services industry could consider

Proshares Short Financials

(

SEF

).

Loading ...