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 10 points (0.1%) at 14,085 as of Thursday, Feb. 28, 2013, 12:04 PM ET. The NYSE advances/declines ratio sits at 1,607 issues advancing vs. 1,243 declining with 160 unchanged.

The Financial sector currently sits up 0.1% versus the S&P 500, which is up 0.2%. Top gainers within the sector include Assured Guaranty ( AGO), up 4.9%, Aon plc ( AON), up 1.6%, Annaly Capital Management ( NLY), up 1.1% and Lloyds Banking Group ( LYG), up 0.3%. On the negative front, top decliners within the sector include Royal Bank of Scotland Group (The ( RBS), down 7.0%, HDFC Bank ( HDB), down 4.2%, American Capital Agency ( AGNC), down 3.1%, Canadian Imperial Bank of Commerce ( CM), down 1.6% and Nomura Holdings ( NMR), down 1.6%.

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

5. Ocwen Financial Corporation ( OCN) is one of the companies pushing the Financial sector higher today. As of noon trading, Ocwen Financial Corporation is up $2.02 (5.4%) to $39.81 on heavy volume Thus far, 1.6 million shares of Ocwen Financial Corporation exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $37.74-$40.22 after having opened the day at $37.74 as compared to the previous trading day's close of $37.79.

Ocwen Financial Corporation, through its subsidiaries, provides residential and commercial mortgage loan servicing, special servicing, and asset management services in the United States and internationally. Ocwen Financial Corporation has a market cap of $5.0 billion and is part of the banking industry. The company has a P/E ratio of 41.1, above the S&P 500 P/E ratio of 17.7. Shares are up 9.3% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Ocwen Financial Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Ocwen Financial Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Ocwen Financial Corporation Ratings Report now.

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4. As of noon trading, Prologis ( PLD) is up $0.35 (0.9%) to $39.00 on light volume Thus far, 754,667 shares of Prologis exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $38.61-$39.20 after having opened the day at $38.61 as compared to the previous trading day's close of $38.65.

Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, management, and leasing of industrial distribution and retail properties. Prologis has a market cap of $17.7 billion and is part of the real estate industry. Shares are up 5.9% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Prologis a buy, no analysts rate it a sell, and 8 rate it a hold.

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

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3. As of noon trading, Marsh & McLennan Companies ( MMC) is up $0.38 (1.0%) to $37.12 on average volume Thus far, 2.2 million shares of Marsh & McLennan Companies exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $36.70-$37.15 after having opened the day at $36.72 as compared to the previous trading day's close of $36.73.

Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions in the areas of risk, strategy, and human capital. It operates in two segments, Risk and Insurance Services, and Consulting. Marsh & McLennan Companies has a market cap of $19.6 billion and is part of the insurance industry. The company has a P/E ratio of 16.7, below the S&P 500 P/E ratio of 17.7. Shares are up 6.6% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Marsh & McLennan Companies a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Marsh & McLennan Companies 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, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Marsh & McLennan Companies Ratings Report now.

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2. As of noon trading, Travelers Companies ( TRV) is up $0.42 (0.5%) to $81.20 on light volume Thus far, 599,258 shares of Travelers Companies exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $80.43-$81.25 after having opened the day at $80.61 as compared to the previous trading day's close of $80.78.

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 $30.3 billion and is part of the insurance industry. The company has a P/E ratio of 12.7, below the S&P 500 P/E ratio of 17.7. Shares are up 12.5% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Travelers Companies a buy, no analysts rate it a sell, and 9 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 solid stock price performance, revenue growth, 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 has had sub par growth in net income. Get the full Travelers Companies Ratings Report now.

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1. As of noon trading, Berkshire Hathaway ( BRK.B) is up $0.68 (0.7%) to $101.89 on light volume Thus far, 1.5 million shares of Berkshire Hathaway exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $101.31-$102.10 after having opened the day at $101.44 as compared to the previous trading day's close of $101.21.

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 $108.6 billion and is part of the insurance industry. The company has a P/E ratio of 18.3, above the S&P 500 P/E ratio of 17.7. Shares are up 12.8% 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.

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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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