3 Stocks Advancing The Financial Sector
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 32 points (0.2%) at 17,861 as of Friday, May 27, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,933 issues advancing vs. 985 declining with 172 unchanged.
The Financial sector currently sits up 0.3% versus the S&P 500, which is up 0.3%. Top gainers within the sector include
(
), up 12.8%,
(
), up 2.4%,
(
), up 2.0%,
(
), up 1.6% and
(
), up 1.4%. On the negative front, top decliners within the sector include
(
), down 1.7%,
(
), down 1.3%,
(
), down 1.3% and
Canadian Imperial Bank of Commerce
(
), down 0.6%.
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, MasterCard is up $0.56 (0.6%) to $96.94 on light volume. Thus far, 819,697 shares of MasterCard exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $96.38-$96.99 after having opened the day at $96.55 as compared to the previous trading day's close of $96.38.
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MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. MasterCard has a market cap of $106.0 billion and is part of the financial services industry. Shares are down 1.0% year-to-date as of the close of trading on Thursday. Currently there are 18 analysts who rate MasterCard a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
MasterCard
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, expanding profit margins and good cash flow from operations. We feel its strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full
now.
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2. As of noon trading,
(
) is up $0.31 (0.5%) to $58.06 on light volume. Thus far, 1.9 million shares of American International Group exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $57.78-$58.21 after having opened the day at $57.85 as compared to the previous trading day's close of $57.75.
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American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through two segments, Commercial Insurance and Consumer Insurance. American International Group has a market cap of $65.0 billion and is part of the insurance industry. Shares are down 6.8% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate American International Group a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
American International Group
as a
. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full
American International Group Ratings Report
now.
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1. As of noon trading,
(
) is up $0.26 (0.6%) to $46.36 on light volume. Thus far, 7.5 million shares of Citigroup exchanged hands as compared to its average daily volume of 20.5 million shares. The stock has ranged in price between $46.08-$46.67 after having opened the day at $46.24 as compared to the previous trading day's close of $46.11.
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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. It operates through two segments, Citicorp and Citi Holdings. Citigroup has a market cap of $137.8 billion and is part of the banking industry. Shares are down 10.9% year-to-date as of the close of trading on Thursday. Currently there are 12 analysts who rate Citigroup a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Citigroup
as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow 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.
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
(
).
