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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 40 points (0.3%) at 13,114 as of Friday, Dec. 7, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,438 issues advancing vs. 1,420 declining with 156 unchanged.

The Financial sector currently is unchanged today versus the S&P 500, which is up 0.1%. Top gainers within the sector include American International Group ( AIG), up 2.4%, JPMorgan Chase ( JPM), up 2.1%, Mitsubishi UFJ Financial Group ( MTU), up 1.3%, Morgan Stanley ( MS), up 1.3% and Bank of America Corporation ( BAC), up 1.1%. On the negative front, top decliners within the sector include AvalonBay Communities ( AVB), down 1.9%, Royal Bank of Scotland Group (The ( RBS), down 0.4%, ING Groep N.V ( ING), down 0.7% and Credit Suisse Group ( CS), down 0.6%.

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

5. Royal Bank Of Canada ( RY) is one of the companies pushing the Financial sector higher today. As of noon trading, Royal Bank Of Canada is up $0.28 (0.5%) to $59.29 on heavy volume Thus far, 384,191 shares of Royal Bank Of Canada exchanged hands as compared to its average daily volume of 508,000 shares. The stock has ranged in price between $59.14-$59.75 after having opened the day at $59.48 as compared to the previous trading day's close of $59.01.

Royal Bank of Canada provides personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services under the RBC name worldwide. Royal Bank Of Canada has a market cap of $85.7 billion and is part of the banking 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 15.8% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Royal Bank Of Canada a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Royal Bank Of Canada as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and solid stock price performance. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Royal Bank Of Canada Ratings Report now.

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4. As of noon trading, General Growth Properties ( GGP) is up $0.48 (2.4%) to $20.50 on average volume Thus far, 2.7 million shares of General Growth Properties exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $20.04-$20.55 after having opened the day at $20.04 as compared to the previous trading day's close of $20.02.

General Growth Properties, Inc. operates as a real estate investment trust in the United States. It operates in two segments, Retail and Other, and Master Planned Communities. General Growth Properties has a market cap of $18.4 billion and is part of the real estate industry. Shares are up 37.0% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate General Growth Properties a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates General Growth Properties as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and poor profit margins. Get the full General Growth Properties Ratings Report now.

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3. As of noon trading, Charles Schwab ( SCHW) is up $0.24 (1.8%) to $13.30 on light volume Thus far, 3.3 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 11.2 million shares. The stock has ranged in price between $13.08-$13.31 after having opened the day at $13.10 as compared to the previous trading day's close of $13.06.

The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, and related financial services to individuals and institutional clients. Charles Schwab has a market cap of $16.5 billion and is part of the financial services industry. The company has a P/E ratio of 19.3, above the S&P 500 P/E ratio of 17.7. Shares are up 16.0% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Charles Schwab a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Charles Schwab as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Charles Schwab Ratings Report now.

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2. As of noon trading, Bank of New York Mellon ( BK) is up $0.24 (1.0%) to $23.98 on light volume Thus far, 1.7 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 $23.85-$24.05 after having opened the day at $23.89 as compared to the previous trading day's close of $23.74.

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 $27.7 billion and is part of the financial services industry. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 19.2% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Bank of New York Mellon a buy, 2 analysts rate it a sell, and 9 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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1. As of noon trading, Citigroup ( C) is up $0.46 (1.2%) to $37.48 on average volume Thus far, 21.7 million shares of Citigroup exchanged hands as compared to its average daily volume of 40.4 million shares. The stock has ranged in price between $37.31-$37.75 after having opened the day at $37.42 as compared to the previous trading day's close of $37.02.

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 $106.9 billion and is part of the banking industry. The company has a P/E ratio of 15.3, below the S&P 500 P/E ratio of 17.7. Shares are up 38.6% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate Citigroup a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Citigroup 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 deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Citigroup Ratings Report now.

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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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