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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