5 Stocks Pushing The Financial Sector Higher

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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 163 points (1.2%) at 13,275 as of Tuesday, Nov. 6, 2012, 12:34 PM ET. The NYSE advances/declines ratio sits at 2,126 issues advancing vs. 762 declining with 145 unchanged.

The Financial sector currently sits up 0.4% versus the S&P 500, which is up 1.1%. Top gainers within the sector include AmTrust Financial Services ( AFSI), up 14.7%, Lloyds Banking Group ( LYG), up 5.8%, Discover Financial Services ( DFS), up 3.0%, Credit Suisse Group ( CS), up 3.4% and UBS ( UBS), up 2.9%. On the negative front, top decliners within the sector include Annaly Capital Management ( NLY), down 3.3%, American Capital Agency ( AGNC), down 1.6%, Banco De Chile ( BCH), down 1.4% and General Growth Properties ( GGP), down 0.5%.

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

5. Allstate ( ALL) is one of the companies pushing the Financial sector higher today. As of noon trading, Allstate is up $0.56 (1.4%) to $39.24 on average volume Thus far, 1.6 million shares of Allstate exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $38.74-$39.41 after having opened the day at $38.81 as compared to the previous trading day's close of $38.68.

The Allstate Corporation, through its subsidiaries, engages in the personal property and casualty insurance, life insurance, and retirement and investment products business primarily in the United States. Allstate has a market cap of $18.6 billion and is part of the insurance industry. The company has a P/E ratio of 7.4, below the S&P 500 P/E ratio of 17.7. Shares are up 40.7% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Allstate a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Allstate as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Allstate Ratings Report now.

4. As of noon trading, Travelers Companies ( TRV) is up $1.20 (1.7%) to $70.31 on average volume Thus far, 1.2 million shares of Travelers Companies exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $69.23-$70.49 after having opened the day at $69.28 as compared to the previous trading day's close of $69.11.

The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. Travelers Companies has a market cap of $26.6 billion and is part of the insurance industry. The company has a P/E ratio of 10.0, below the S&P 500 P/E ratio of 17.7. Shares are up 17.7% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Travelers Companies a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Travelers Companies as a buy. 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, solid stock price performance, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Travelers Companies Ratings Report now.

3. As of noon trading, SunTrust Banks ( STI) is up $0.53 (1.9%) to $27.69 on light volume Thus far, 1.5 million shares of SunTrust Banks exchanged hands as compared to its average daily volume of 6.4 million shares. The stock has ranged in price between $27.07-$27.77 after having opened the day at $27.30 as compared to the previous trading day's close of $27.16.

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank, which provides various financial services in the United States. SunTrust Banks has a market cap of $14.6 billion and is part of the banking industry. The company has a P/E ratio of 9.3, below the S&P 500 P/E ratio of 17.7. Shares are up 53.3% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate SunTrust Banks a buy, 3 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates SunTrust Banks 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 attractive 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 SunTrust Banks Ratings Report now.

2. As of noon trading, PNC Financial Services Group ( PNC) is up $0.82 (1.4%) to $59.56 on light volume Thus far, 936,955 shares of PNC Financial Services Group exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $58.81-$59.65 after having opened the day at $58.88 as compared to the previous trading day's close of $58.73.

The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States and internationally. The company's Retail Banking segment provides deposit, lending, brokerage, investment management, and cash management services. PNC Financial Services Group has a market cap of $31.3 billion and is part of the banking industry. The company has a P/E ratio of 10.2, below the S&P 500 P/E ratio of 17.7. Shares are up 1.8% year to date as of the close of trading on Monday. Currently there are 19 analysts that rate PNC Financial Services Group a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates PNC Financial Services Group as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full PNC Financial Services Group Ratings Report now.

1. As of noon trading, Goldman Sachs Group ( GS) is up $2.45 (2.0%) to $126.53 on average volume Thus far, 1.8 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $124.30-$126.70 after having opened the day at $124.33 as compared to the previous trading day's close of $124.08.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as a range of financial services to corporations, financial institutions, governments and high-net-worth individuals worldwide. Goldman Sachs Group has a market cap of $59.1 billion and is part of the financial services industry. The company has a P/E ratio of 11.9, below the S&P 500 P/E ratio of 17.7. Shares are up 36.3% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Goldman Sachs Group a buy, 2 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Goldman Sachs Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and increase in net income. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Goldman Sachs Group Ratings Report now.

If you are interested in one of these 5 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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