5 Stocks Pushing The Financial Sector Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 13,082 as of Monday, Nov. 5, 2012, 1:34 PM ET. The NYSE advances/declines ratio sits at 1,351 issues advancing vs. 1,574 declining with 129 unchanged.

The Financial sector currently sits down 0.1% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include Nationstar Mortgage Holdings ( NSM), down 8.7%, Ocwen Financial Corporation ( OCN), down 6.7%, Altisource Portfolio Solutions ( ASPS), down 4.6%, BB&T ( BBT), down 2.2% and PNC Financial Services Group ( PNC), down 1.9%. Top gainers within the sector include IntercontinentalExchange ( ICE), up 2.5%, Charles Schwab ( SCHW), up 1.3% and Bank of New York Mellon ( BK), up 1.4%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector lower today:

5. U.S. Bancorp ( USB) is one of the companies pushing the Financial sector lower today. As of noon trading, U.S. Bancorp is down $0.23 (-0.7%) to $33.20 on light volume Thus far, 3.2 million shares of U.S. Bancorp exchanged hands as compared to its average daily volume of 8.4 million shares. The stock has ranged in price between $33.00-$33.41 after having opened the day at $33.27 as compared to the previous trading day's close of $33.43.

U.S. Bancorp, a financial services holding company, provides various banking and financial services in the United States. The company offers depository services, such as checking accounts, savings accounts, and time certificate contracts. U.S. Bancorp has a market cap of $63.8 billion and is part of the banking industry. The company has a P/E ratio of 12.0, below the S&P 500 P/E ratio of 17.7. Shares are up 24.4% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate U.S. Bancorp a buy, 1 analyst rates it a sell, and 14 rate it a hold.

TheStreet Ratings rates U.S. Bancorp as a buy. 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 expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full U.S. Bancorp Ratings Report now.

4. As of noon trading, MetLife ( MET) is down $0.18 (-0.5%) to $34.52 on light volume Thus far, 4.3 million shares of MetLife exchanged hands as compared to its average daily volume of 9.6 million shares. The stock has ranged in price between $34.13-$34.64 after having opened the day at $34.57 as compared to the previous trading day's close of $34.70.

MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs in the United States, Japan, Latin America, the Asia Pacific, Europe, and the Middle East. MetLife has a market cap of $37.7 billion and is part of the insurance industry. The company has a P/E ratio of 14.2, below the S&P 500 P/E ratio of 17.7. Shares are up 11.3% year to date as of the close of trading on Friday. Currently there are 15 analysts that rate MetLife a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates MetLife as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full MetLife Ratings Report now.

3. As of noon trading, JPMorgan Chase ( JPM) is down $0.49 (-1.2%) to $41.93 on light volume Thus far, 7.0 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 23.1 million shares. The stock has ranged in price between $41.86-$42.34 after having opened the day at $42.33 as compared to the previous trading day's close of $42.42.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $162.7 billion and is part of the banking industry. The company has a P/E ratio of 9.8, below the S&P 500 P/E ratio of 17.7. Shares are up 28.8% year to date as of the close of trading on Friday. Currently there are 19 analysts that rate JPMorgan Chase a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full JPMorgan Chase Ratings Report now.

2. As of noon trading, Bank of America Corporation ( BAC) is down $0.20 (-2.1%) to $9.64 on light volume Thus far, 83.9 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 136.5 million shares. The stock has ranged in price between $9.62-$9.92 after having opened the day at $9.83 as compared to the previous trading day's close of $9.85.

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services to individual consumers, small-and middle-market businesses, institutional investors, corporations, and governments in the United States and internationally. Bank of America Corporation has a market cap of $105.0 billion and is part of the banking industry. The company has a P/E ratio of 14.1, below the S&P 500 P/E ratio of 17.7. Shares are up 75.2% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Bank of America Corporation a buy, 2 analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Bank of America Corporation as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, notable return on equity and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and generally higher debt management risk. Get the full Bank of America Corporation Ratings Report now.

1. As of noon trading, Citigroup ( C) is down $0.63 (-1.7%) to $36.97 on light volume Thus far, 16.0 million shares of Citigroup exchanged hands as compared to its average daily volume of 37.1 million shares. The stock has ranged in price between $36.95-$37.59 after having opened the day at $37.30 as compared to the previous trading day's close of $37.60.

Citigroup, Inc., a diversified financial services holding company, provides a range of financial products and services to consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Citicorp and Citi Holdings. Citigroup has a market cap of $111.3 billion and is part of the banking industry. The company has a P/E ratio of 11.0, below the S&P 500 P/E ratio of 17.7. Shares are up 44.2% year to date as of the close of trading on Friday. Currently there are 16 analysts that rate Citigroup a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Citigroup 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 sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
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