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

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 12,980 as of Tuesday, Dec. 4, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,319 issues advancing vs. 1,553 declining with 162 unchanged.

The Financial sector currently sits down 0.2% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Deutsche Bank ( DB), up 1.8%, Orix Corporation ( IX), up 1.2%, Royal Bank of Scotland Group (The ( RBS), up 1.2%, Aegon ( AEG), up 1.1% and Banco Santander S.A ( SAN), up 0.8%. On the negative front, top decliners within the sector include CME Group ( CME), down 1.8%, KeyCorp ( KEY), down 1.6%, U.S. Bancorp ( USB), down 1.3%, Fifth Third Bancorp ( FITB), down 1.5% and PNC Financial Services Group ( PNC), down 1.3%.

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

5. ING Groep N.V ( ING) is one of the companies pushing the Financial sector higher today. As of noon trading, ING Groep N.V is up $0.14 (1.6%) to $9.16 on light volume Thus far, 870,036 shares of ING Groep N.V exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $9.11-$9.19 after having opened the day at $9.16 as compared to the previous trading day's close of $9.01.

ING Groep N.V., a financial services company, provides banking, investment, life insurance, and retirement services for individuals, families, small businesses, corporations, institutions, and governments worldwide. ING Groep N.V has a market cap of $34.4 billion and is part of the insurance industry. The company has a P/E ratio of 8.0, below the S&P 500 P/E ratio of 17.7. Shares are up 25.4% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate ING Groep N.V a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates ING Groep N.V as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, generally high debt management risk, disappointing return on equity, poor profit margins and weak operating cash flow. Get the full ING Groep N.V Ratings Report now.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

If you liked this article you might like

Blockchain Startup Catches Eye of Intel, Big Banks

ING Groep Tops First-Quarter Earnings Estimate as Wholesale Banking Impresses

Cash Out: Study Suggests Carrying Paper Money Going the Way of the Dodo

European Banks Hit Hard As Bonds Rally, ECB Cautions on Early Stimulus Exit

European Stocks Slide as Global Markets Reverse 'Trump Rally' Optimism