5 Stocks Pushing The Financial Services Industry 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 62 points (0.4%) at 14,518 as of Thursday, March 14, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,808 issues advancing vs. 1,087 declining with 143 unchanged.

The Financial Services industry currently sits up 0.1% versus the S&P 500, which is up 0.5%. Top gainers within the industry include Legg Mason ( LM), up 3.3%, CIT Group ( CIT), up 1.6%, Ameriprise Financial ( AMP), up 1.2%, Franklin Resources ( BEN), up 0.9% and Nomura Holdings ( NMR), up 1.2%.

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

5. Invesco ( IVZ) is one of the companies pushing the Financial Services industry higher today. As of noon trading, Invesco is up $0.46 (1.6%) to $28.91 on average volume Thus far, 2.3 million shares of Invesco exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $28.43-$29.23 after having opened the day at $28.50 as compared to the previous trading day's close of $28.45.

Invesco Ltd. is a publicly owned investment manager. The firm primarily provides its services to individuals, typically high net worth individuals. It also manages accounts for institutions. The firm manages separate client focused equity, fixed income, balanced portfolios. Invesco has a market cap of $12.4 billion and is part of the financial sector. The company has a P/E ratio of 18.9, above the S&P 500 P/E ratio of 17.7. Shares are up 9.0% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Invesco a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Invesco as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Invesco Ratings Report now.

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4. As of noon trading, CME Group ( CME) is up $0.44 (0.7%) to $62.96 on light volume Thus far, 786,689 shares of CME Group exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $62.50-$63.33 after having opened the day at $62.53 as compared to the previous trading day's close of $62.52.

CME Group Inc. operates the CME, CBOT, NYMEX and COMEX futures exchanges worldwide. The company provides a range of products across various asset classes, such as interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather, and real estate. CME Group has a market cap of $20.8 billion and is part of the financial sector. The company has a P/E ratio of 23.1, above the S&P 500 P/E ratio of 17.7. Shares are up 23.4% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate CME Group a buy, 3 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates CME Group as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full CME Group Ratings Report now.

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3. As of noon trading, BlackRock ( BLK) is up $3.30 (1.3%) to $257.00 on average volume Thus far, 614,048 shares of BlackRock exchanged hands as compared to its average daily volume of 824,100 shares. The stock has ranged in price between $254.11-$257.77 after having opened the day at $254.11 as compared to the previous trading day's close of $253.70.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. BlackRock has a market cap of $42.4 billion and is part of the financial sector. The company has a P/E ratio of 18.1, above 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 Wednesday. Currently there are 11 analysts that rate BlackRock a buy, no analysts rate it a sell, and 6 rate it a hold.

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

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2. As of noon trading, IntercontinentalExchange ( ICE) is up $2.48 (1.6%) to $161.89 on light volume Thus far, 309,940 shares of IntercontinentalExchange exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $158.69-$162.29 after having opened the day at $158.95 as compared to the previous trading day's close of $159.41.

IntercontinentalExchange, Inc. operates regulated global markets and clearing houses primarily in the United States, the United Kingdom, Canada, and Brazil. IntercontinentalExchange has a market cap of $11.5 billion and is part of the financial sector. The company has a P/E ratio of 21.1, above the S&P 500 P/E ratio of 17.7. Shares are up 28.8% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate IntercontinentalExchange a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates IntercontinentalExchange as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, growth in earnings per share, increase in stock price during the past year, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full IntercontinentalExchange Ratings Report now.

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1. As of noon trading, Goldman Sachs Group ( GS) is up $1.42 (0.9%) to $153.33 on average volume Thus far, 2.1 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $152.16-$154.34 after having opened the day at $152.27 as compared to the previous trading day's close of $151.91.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Goldman Sachs Group has a market cap of $70.7 billion and is part of the financial sector. The company has a P/E ratio of 10.7, below the S&P 500 P/E ratio of 17.7. Shares are up 19.1% year to date as of the close of trading on Wednesday. Currently there are 5 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, solid stock price performance, attractive valuation levels, expanding profit margins and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Goldman Sachs Group 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 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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