5 Stocks Pushing The Financial Services Industry 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 up 14 points (0.1%) at 12,892 as of Wednesday, Nov. 28, 2012, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,435 issues advancing vs. 1,435 declining with 148 unchanged.

The Financial Services industry currently sits down 0.2% versus the S&P 500, which is down 0.0%. On the negative front, top decliners within the industry include Principal Financial Group ( PFG), down 3.0%, and Nomura Holdings ( NMR), down 2.4%. A company within the industry that increased today was American Express ( AXP), up 1.0%.

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

5. T. Rowe Price Group ( TROW) is one of the companies pushing the Financial Services industry lower today. As of noon trading, T. Rowe Price Group is down $0.42 (-0.7%) to $64.00 on light volume Thus far, 364,638 shares of T. Rowe Price Group exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $63.50-$64.22 after having opened the day at $63.91 as compared to the previous trading day's close of $64.42.

T. Rowe Price Group, Inc. is a publicly owned asset management holding company. The firm primarily provides its services to individual and institutional investors, retirement plans, and financial intermediaries. T. Rowe Price Group has a market cap of $16.6 billion and is part of the financial sector. The company has a P/E ratio of 20.3, above the S&P 500 P/E ratio of 17.7. Shares are up 13.1% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate T. Rowe Price Group a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates T. Rowe Price Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full T. Rowe Price Group Ratings Report now.

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4. As of noon trading, Franklin Resources ( BEN) is down $0.40 (-0.3%) to $131.25 on light volume Thus far, 127,153 shares of Franklin Resources exchanged hands as compared to its average daily volume of 619,500 shares. The stock has ranged in price between $130.10-$131.45 after having opened the day at $130.85 as compared to the previous trading day's close of $131.65.

Franklin Resources Inc. is a publicly owned asset management holding company. The firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It manages, through its subsidiary, separate client-focused equity, fixed income, and balanced portfolios. Franklin Resources has a market cap of $28.0 billion and is part of the financial sector. The company has a P/E ratio of 14.8, below the S&P 500 P/E ratio of 17.7. Shares are up 37.5% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Franklin Resources a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Franklin Resources as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, expanding profit margins, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Franklin Resources Ratings Report now.

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3. As of noon trading, Bank of New York Mellon ( BK) is down $0.09 (-0.4%) to $23.97 on light volume Thus far, 2.0 million shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $23.72-$24.01 after having opened the day at $23.88 as compared to the previous trading day's close of $24.06.

The Bank of New York Mellon Corporation, a financial services company, provides various products and services worldwide. The company offers a range of equity, fixed income, cash, and alternative/overlay products, as well as distributes investment management products. Bank of New York Mellon has a market cap of $28.5 billion and is part of the financial sector. The company has a P/E ratio of 12.7, below the S&P 500 P/E ratio of 17.7. Shares are up 22.7% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Bank of New York Mellon a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Bank of New York Mellon as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, expanding profit margins, good cash flow from operations 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 Bank of New York Mellon Ratings Report now.

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2. As of noon trading, Morgan Stanley ( MS) is down $0.22 (-1.3%) to $16.41 on average volume Thus far, 8.9 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 22.0 million shares. The stock has ranged in price between $16.26-$16.49 after having opened the day at $16.42 as compared to the previous trading day's close of $16.63.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. Morgan Stanley has a market cap of $32.8 billion and is part of the financial sector. Shares are up 9.8% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Morgan Stanley a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Morgan Stanley as a hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full Morgan Stanley Ratings Report now.

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1. As of noon trading, Goldman Sachs Group ( GS) is down $0.65 (-0.6%) to $117.26 on light volume Thus far, 1.6 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $116.57-$117.83 after having opened the day at $117.14 as compared to the previous trading day's close of $117.91.

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 $56.8 billion and is part of the financial sector. The company has a P/E ratio of 11.7, below the S&P 500 P/E ratio of 17.7. Shares are up 33.7% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Goldman Sachs Group a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Goldman Sachs Group Ratings Report now.

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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 Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry 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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