3 Stocks Improving Performance Of The Financial Services Industry
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 4 points (0.0%) at 17,970 as of Thursday, June 25, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,139 issues advancing vs. 1,826 declining with 188 unchanged.
The Financial Services industry currently sits down 0.2% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include
(
), down 18.8%,
(
), down 3.8%,
(
), down 2.4%,
(
), down 1.6% and
(
), down 1.1%.
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, NASDAQ OMX Group is up $0.43 (0.9%) to $50.17 on light volume. Thus far, 294,711 shares of NASDAQ OMX Group exchanged hands as compared to its average daily volume of 927,500 shares. The stock has ranged in price between $49.82-$50.34 after having opened the day at $49.88 as compared to the previous trading day's close of $49.74.
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The NASDAQ OMX Group, Inc. provides trading, clearing, exchange technology, regulatory, securities listing, information, and public company services worldwide. It operates in four segments: Market Services, Listing Services, Information Services, and Technology Solutions. NASDAQ OMX Group has a market cap of $8.5 billion and is part of the financial sector. Shares are up 5.4% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate NASDAQ OMX Group a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
NASDAQ OMX Group
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full
NASDAQ OMX Group Ratings Report
now.
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2. As of noon trading,
(
) is up $0.49 (0.5%) to $94.15 on average volume. Thus far, 583,666 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 $93.37-$94.65 after having opened the day at $93.57 as compared to the previous trading day's close of $93.66.
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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 $32.0 billion and is part of the financial sector. Shares are up 6.9% year-to-date as of the close of trading on Wednesday. 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, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full
now.
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1. As of noon trading,
(
) is up $0.18 (0.5%) to $33.25 on light volume. Thus far, 2.2 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 6.4 million shares. The stock has ranged in price between $33.22-$33.52 after having opened the day at $33.25 as compared to the previous trading day's close of $33.07.
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The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, money management, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services. Charles Schwab has a market cap of $44.0 billion and is part of the financial sector. Shares are up 10.9% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts who rate Charles Schwab a buy, 1 analyst rates it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Charles Schwab
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and 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
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
(
) while those bearish on the financial services industry could consider
(
).
