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 30 points (-0.2%) at 15,089 as of Monday, May 13, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,245 issues advancing vs. 1,704 declining with 112 unchanged.

The Financial sector currently sits up 0.1% versus the S&P 500, which is unchanged. Top gainers within the sector include Mitsubishi UFJ Financial Group ( MTU), up 7.0%, Orix Corporation ( IX), up 3.4%, State Street ( STT), up 2.1%, Franklin Resources ( BEN), up 1.7% and JPMorgan Chase ( JPM), up 0.9%. On the negative front, top decliners within the sector include American Capital Agency ( AGNC), down 3.69, Annaly Capital Management ( NLY), down 2.97, Banco Santander ( SAN), down 1.86, Lloyds Banking Group ( LYG), down 1.79 and UBS ( UBS), down 1.24.

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

5. Nomura Holdings ( NMR) is one of the companies pushing the Financial sector higher today. As of noon trading, Nomura Holdings is up $0.73 (8.56) to $9.26 on heavy volume Thus far, 1.1 million shares of Nomura Holdings exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $9.20-$9.35 after having opened the day at $9.22 as compared to the previous trading day's close of $8.53.

Nomura Holdings, Inc. provides financial services in Japan and internationally. The company operates through three divisions: Retail, Asset Management, and Wholesale. Nomura Holdings has a market cap of $31.0 billion and is part of the financial services industry. The company has a P/E ratio of 92.9, above the S&P 500 P/E ratio of 17.7. Shares are up 42.4% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Nomura Holdings a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Nomura Holdings as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and reasonable valuation levels. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full Nomura Holdings Ratings Report now.

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4. As of noon trading, Bank of New York Mellon ( BK) is up $0.58 (2.07) to $28.88 on average volume Thus far, 3.6 million shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of 5.4 million shares. The stock has ranged in price between $28.15-$28.96 after having opened the day at $28.22 as compared to the previous trading day's close of $28.29.

The Bank of New York Mellon Corporation provides various financial products and services worldwide. It operates through Investment Management, Investment Services, and Other segments. Bank of New York Mellon has a market cap of $32.7 billion and is part of the financial services industry. The company has a P/E ratio of 22.0, above the S&P 500 P/E ratio of 17.7. Shares are up 9.6% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Bank of New York Mellon a buy, 2 analysts rate it a sell, and 11 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 reasonable valuation levels, expanding profit margins 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 Bank of New York Mellon Ratings Report now.

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3. As of noon trading, BlackRock ( BLK) is up $3.37 (1.22) to $280.04 on light volume Thus far, 262,273 shares of BlackRock exchanged hands as compared to its average daily volume of 765,800 shares. The stock has ranged in price between $275.42-$280.43 after having opened the day at $275.76 as compared to the previous trading day's close of $276.67.

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 $46.6 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 33.4% year to date as of the close of trading on Friday. Currently there are 10 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, 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 BlackRock Ratings Report now.

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2. As of noon trading, Goldman Sachs Group ( GS) is up $0.78 (0.52) to $149.88 on average volume Thus far, 1.7 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $147.06-$150.33 after having opened the day at $147.54 as compared to the previous trading day's close of $149.10.

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 $68.4 billion and is part of the financial services industry. The company has a P/E ratio of 10.2, below the S&P 500 P/E ratio of 17.7. Shares are up 16.4% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Goldman Sachs Group a buy, 1 analyst rates 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 solid stock price performance, growth in earnings per share, increase in net income, attractive valuation levels and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Goldman Sachs Group Ratings Report now.

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1. As of noon trading, American International Group ( AIG) is up $0.54 (1.22) to $44.72 on average volume Thus far, 8.1 million shares of American International Group exchanged hands as compared to its average daily volume of 17.8 million shares. The stock has ranged in price between $44.15-$44.95 after having opened the day at $44.81 as compared to the previous trading day's close of $44.18.

American International Group, Inc. engages in the provision of insurance products and services for the commercial, institutional, and individual customers in the United States and internationally. The company operates in three segments: Chartis, SunAmerica Financial Group, and Aircraft Leasing. American International Group has a market cap of $65.1 billion and is part of the insurance industry. The company has a P/E ratio of 9.9, below the S&P 500 P/E ratio of 17.7. Shares are up 24.8% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate American International Group a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates American International Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and feeble growth in the company's earnings per share. Get the full American International Group 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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