3 Financial Stocks Driving The Sector Higher
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 24 points (-0.1%) at 18,483 as of Friday, July 15, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,378 issues advancing vs. 1,527 declining with 156 unchanged.
The Financial sector currently is unchanged today versus the S&P 500, which is down 0.3%. A company within the sector that increased today was
(
), up 1.2%. On the negative front, top decliners within the sector include
(
), down 1.9%,
(
), down 1.9%,
(
), down 1.7%,
(
), down 1.6% and
(
), down 1.6%.
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, ORIX is up $0.88 (1.3%) to $69.26 on light volume. Thus far, 10,154 shares of ORIX exchanged hands as compared to its average daily volume of 57,300 shares. The stock has ranged in price between $69.17-$69.48 after having opened the day at $69.27 as compared to the previous trading day's close of $68.38.
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ORIX Corporation provides financial services. It operates through six segments: Corporate Financial Services, Maintenance Leasing, Real Estate, Investment and Operation, Retail, and Overseas Business. The Corporate Financial Services segment engages in lending, leasing, and fee businesses. ORIX has a market cap of $17.9 billion and is part of the financial services industry. Shares are down 2.6% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate ORIX a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates
ORIX
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, poor profit margins and a generally disappointing performance in the stock itself. Get the full
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,
Mitsubishi UFJ Financial Group
(
) is up $0.14 (2.9%) to $4.93 on average volume. Thus far, 942,970 shares of Mitsubishi UFJ Financial Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $4.90-$4.96 after having opened the day at $4.90 as compared to the previous trading day's close of $4.79.
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.
Mitsubishi UFJ Financial Group, Inc., through its subsidiaries, provides financial services in Japan and internationally. Mitsubishi UFJ Financial Group has a market cap of $66.3 billion and is part of the banking industry. Shares are down 23.0% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst who rates Mitsubishi UFJ Financial Group a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates
Mitsubishi UFJ Financial Group
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself. Get the full
Mitsubishi UFJ Financial 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,
(
) is up $0.23 (0.6%) to $41.48 on average volume. Thus far, 5.5 million shares of US Bancorp exchanged hands as compared to its average daily volume of 7.6 million shares. The stock has ranged in price between $41.44-$42.50 after having opened the day at $42.40 as compared to the previous trading day's close of $41.25.
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.
U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. US Bancorp has a market cap of $70.1 billion and is part of the banking industry. Shares are down 3.3% year-to-date as of the close of trading on Thursday. Currently there are 8 analysts who rate US Bancorp a buy, 1 analyst rates it a sell, and 14 rate it a hold.
TheStreet Ratings rates
US Bancorp
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full
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
(
).
