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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 18 points (-0.1%) at 13,964 as of Thursday, Feb. 14, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,305 issues advancing vs. 1,524 declining with 153 unchanged.

The Financial sector currently sits up 0.2% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Icahn ( IEP), up 3.4%, HDFC Bank ( HDB), up 1.7%, Berkshire Hathaway ( BRK.A), up 0.9% and Manulife Financial Corporation ( MFC), up 0.6%. On the negative front, top decliners within the sector include MetLife ( MET), down 3.1%, Mitsubishi UFJ Financial Group ( MTU), down 2.7%, Orix Corporation ( IX), down 2.6%, Deutsche Bank ( DB), down 1.9% and Progressive Corporation ( PGR), down 1.8%.

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

5. SLM ( SLM) is one of the companies pushing the Financial sector higher today. As of noon trading, SLM is up $0.60 (3.3%) to $18.98 on average volume Thus far, 1.7 million shares of SLM exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $18.36-$18.99 after having opened the day at $18.40 as compared to the previous trading day's close of $18.38.

SLM Corporation, through its subsidiaries, originates, acquires, finances, and services private education loans in the United States. It offers processing capabilities to educational institutions, 529 college-savings plan program management services, and a consumer savings network. SLM has a market cap of $8.4 billion and is part of the financial services industry. The company has a P/E ratio of 9.6, below the S&P 500 P/E ratio of 17.7. Shares are up 6.7% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate SLM a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates SLM as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full SLM Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

4. As of noon trading, Berkshire Hathaway ( BRK.B) is up $0.92 (0.9%) to $98.89 on average volume Thus far, 2.8 million shares of Berkshire Hathaway exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $97.84-$99.18 after having opened the day at $97.98 as compared to the previous trading day's close of $97.97.

Berkshire Hathaway, Inc. is a publicly owned investment manager. Through its subsidiaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business. Berkshire Hathaway was founded in 1889 and is based in Omaha, Nebraska. Berkshire Hathaway has a market cap of $107.4 billion and is part of the insurance industry. The company has a P/E ratio of 18.2, above the S&P 500 P/E ratio of 17.7. Shares are up 8.9% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Berkshire Hathaway 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, revenue growth, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Berkshire Hathaway Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

3. As of noon trading, Morgan Stanley ( MS) is up $0.16 (0.7%) to $23.79 on light volume Thus far, 6.3 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 20.7 million shares. The stock has ranged in price between $23.40-$23.87 after having opened the day at $23.53 as compared to the previous trading day's close of $23.63.

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 $46.7 billion and is part of the financial services industry. The company has a P/E ratio of 14.9, below the S&P 500 P/E ratio of 17.7. Shares are up 23.6% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Morgan Stanley a buy, 2 analysts rate it a sell, and 10 rate it a hold.

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

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

2. As of noon trading, Goldman Sachs Group ( GS) is up $1.71 (1.1%) to $156.23 on average volume Thus far, 2.7 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $153.62-$156.72 after having opened the day at $153.88 as compared to the previous trading day's close of $154.52.

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 $72.4 billion and is part of the financial services industry. The company has a P/E ratio of 10.9, below the S&P 500 P/E ratio of 17.7. Shares are up 20.8% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Goldman Sachs Group a buy, 2 analysts rate it a sell, and 15 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, compelling growth in net income, solid stock price performance and impressive record of earnings per share growth. 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.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

1. As of noon trading, JPMorgan Chase ( JPM) is up $0.37 (0.8%) to $49.05 on average volume Thus far, 9.3 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 22.9 million shares. The stock has ranged in price between $48.37-$49.12 after having opened the day at $48.40 as compared to the previous trading day's close of $48.68.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $186.8 billion and is part of the banking industry. The company has a P/E ratio of 10.4, below the S&P 500 P/E ratio of 17.7. Shares are up 11.8% year to date as of the close of trading on Wednesday. Currently there are 22 analysts that rate JPMorgan Chase a buy, 1 analyst rates it a sell, and 5 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 solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and attractive valuation levels. 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.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

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.

null

More from Markets

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing