5 Stocks Driving 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 down 23 points (-0.2%) at 15,060 as of Friday, May 10, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,550 issues advancing vs. 1,371 declining with 121 unchanged.

The Financial sector currently is unchanged today versus the S&P 500, which is unchanged. Top gainers within the sector include Charles Schwab ( SCHW), up 3.3%, TD Ameritrade Holding Corporation ( AMTD), up 3.0%, Nomura Holdings ( NMR), up 1.9%, Lloyds Banking Group ( LYG), up 1.7% and Credit Suisse Group ( CS), up 1.0%. On the negative front, top decliners within the sector include Shinhan Financial Group ( SHG), down 3.00, Aegon ( AEG), down 2.43, Deutsche Bank ( DB), down 1.83, American Capital Agency ( AGNC), down 1.81 and Orix Corporation ( IX), down 1.64.

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

5. Berkshire Hathaway ( BRK.A) is one of the companies pushing the Financial sector higher today. As of noon trading, Berkshire Hathaway is up $1,035.00 (0.62) to $167,135.00 on average volume Thus far, 264 shares of Berkshire Hathaway exchanged hands as compared to its average daily volume of 500 shares. The stock has ranged in price between $166,300.00-$167,290.82 after having opened the day at $166,300.00 as compared to the previous trading day's close of $166,100.00.

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 $148.2 billion and is part of the insurance industry. The company has a P/E ratio of 18.5, above the S&P 500 P/E ratio of 17.7. Shares are up 23.9% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Berkshire Hathaway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, good cash flow from operations, solid stock price performance and notable return on equity. 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 Berkshire Hathaway Ratings Report now.

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4. As of noon trading, Franklin Resources ( BEN) is up $1.00 (0.63) to $160.33 on light volume Thus far, 121,221 shares of Franklin Resources exchanged hands as compared to its average daily volume of 584,400 shares. The stock has ranged in price between $159.06-$161.04 after having opened the day at $159.47 as compared to the previous trading day's close of $159.33.

Franklin Resources Inc. is a publicly owned asset management holding company. The firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It manages, through its subsidiary, separate client-focused equity, fixed income, and balanced portfolios. Franklin Resources has a market cap of $34.1 billion and is part of the financial services industry. The company has a P/E ratio of 16.8, below the S&P 500 P/E ratio of 17.7. Shares are up 26.8% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Franklin Resources a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Franklin Resources 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, increase in net income and expanding profit margins. 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 Franklin Resources Ratings Report now.

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3. As of noon trading, CME Group ( CME) is up $0.89 (1.46) to $61.65 on average volume Thus far, 664,064 shares of CME Group exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $60.46-$61.72 after having opened the day at $60.77 as compared to the previous trading day's close of $60.76.

CME Group Inc. operates the CME, CBOT, NYMEX COMEX, and KCBT futures exchanges worldwide. It operates CBOT exchange, a marketplace for trading agricultural and the U.S. CME Group has a market cap of $20.3 billion and is part of the financial services industry. The company has a P/E ratio of 23.3, above the S&P 500 P/E ratio of 17.7. Shares are up 19.8% year to date as of the close of trading on Thursday. Currently there are 6 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 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 CME Group Ratings Report now.

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2. As of noon trading, Ameriprise Financial ( AMP) is up $0.98 (1.28) to $77.52 on light volume Thus far, 416,640 shares of Ameriprise Financial exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $76.50-$77.60 after having opened the day at $76.62 as compared to the previous trading day's close of $76.54.

Ameriprise Financial, Inc., through its subsidiaries, provides a range of financial products and services in the United States and internationally. Ameriprise Financial has a market cap of $15.5 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 22.2% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Ameriprise Financial a buy, no analysts rate it a sell, and 3 rate it a hold.

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

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1. As of noon trading, Invesco ( IVZ) is up $0.78 (2.37) to $33.75 on heavy volume Thus far, 3.6 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 $33.01-$33.81 after having opened the day at $33.07 as compared to the previous trading day's close of $32.97.

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 $14.7 billion and is part of the financial services industry. The company has a P/E ratio of 21.3, above the S&P 500 P/E ratio of 17.7. Shares are up 26.4% year to date as of the close of trading on Thursday. Currently there are 14 analysts that rate Invesco a buy, no analysts rate it a sell, and 5 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, increase in net income, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Invesco Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks 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.

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