5 Stocks Driving The Banking 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

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 14 points (0.1%) at 15,368 as of Monday, May 20, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,885 issues advancing vs. 1,048 declining with 118 unchanged.

The Banking industry currently sits up 0.2% versus the S&P 500, which is up 0.1%. Top gainers within the industry include Royal Bank of Scotland Group (The ( RBS), up 4.7%, and Toronto-Dominion Bank ( TD), up 1.3%.

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

5. UBS ( UBS) is one of the companies pushing the Banking industry higher today. As of noon trading, UBS is up $0.09 (0.49) to $18.64 on light volume Thus far, 924,918 shares of UBS exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $18.47-$18.70 after having opened the day at $18.50 as compared to the previous trading day's close of $18.55.

UBS AG, a financial services firm, provides wealth management, asset management, and investment banking products and services worldwide. Its Wealth Management division provides financial services to high net worth individuals worldwide. UBS has a market cap of $67.8 billion and is part of the financial sector. The company has a P/E ratio of 16.7, below the S&P 500 P/E ratio of 17.7. Shares are up 17.9% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates UBS a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates UBS as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow and feeble growth in its earnings per share. Get the full UBS Ratings Report now.

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4. As of noon trading, U.S. Bancorp ( USB) is up $0.58 (1.66) to $35.24 on average volume Thus far, 6.2 million shares of U.S. Bancorp exchanged hands as compared to its average daily volume of 10.0 million shares. The stock has ranged in price between $34.56-$35.39 after having opened the day at $34.60 as compared to the previous trading day's close of $34.67.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. Its services include lending and depository services, cash management, capital market, and trust and investment management services. U.S. Bancorp has a market cap of $63.5 billion and is part of the financial sector. The company has a P/E ratio of 11.8, below the S&P 500 P/E ratio of 17.7. Shares are up 8.5% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate U.S. Bancorp a buy, 1 analyst rates it a sell, and 16 rate it a hold.

TheStreet Ratings rates U.S. Bancorp as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, expanding profit margins, increase in stock price during the past year, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full U.S. Bancorp Ratings Report now.

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3. As of noon trading, Wells Fargo ( WFC) is up $0.24 (0.60) to $40.12 on average volume Thus far, 10.8 million shares of Wells Fargo exchanged hands as compared to its average daily volume of 22.0 million shares. The stock has ranged in price between $39.85-$40.23 after having opened the day at $39.90 as compared to the previous trading day's close of $39.88.

Wells Fargo & Company provides retail, commercial, and corporate banking services. Wells Fargo has a market cap of $207.9 billion and is part of the financial sector. The company has a P/E ratio of 11.1, below the S&P 500 P/E ratio of 17.7. Shares are up 16.7% year to date as of the close of trading on Friday. Currently there are 16 analysts that rate Wells Fargo a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Wells Fargo as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, 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 Wells Fargo Ratings Report now.

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2. As of noon trading, Citigroup ( C) is up $0.44 (0.86) to $51.89 on average volume Thus far, 14.1 million shares of Citigroup exchanged hands as compared to its average daily volume of 30.7 million shares. The stock has ranged in price between $51.25-$52.10 after having opened the day at $51.46 as compared to the previous trading day's close of $51.45.

Citigroup, Inc., a diversified financial services holding company, provides a range of financial products and services to consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Citicorp and Citi Holdings. Citigroup has a market cap of $154.0 billion and is part of the financial sector. The company has a P/E ratio of 18.2, above the S&P 500 P/E ratio of 17.7. Shares are up 30.1% year to date as of the close of trading on Friday. Currently there are 18 analysts that rate Citigroup a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, attractive valuation levels, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Citigroup Ratings Report now.

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1. As of noon trading, Bank of America Corporation ( BAC) is up $0.11 (0.82) to $13.54 on light volume Thus far, 53.1 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 147.6 million shares. The stock has ranged in price between $13.39-$13.60 after having opened the day at $13.39 as compared to the previous trading day's close of $13.43.

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. Bank of America Corporation has a market cap of $144.0 billion and is part of the financial sector. The company has a P/E ratio of 40.5, above the S&P 500 P/E ratio of 17.7. Shares are up 15.7% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Bank of America Corporation a buy, 1 analyst rates it a sell, and 14 rate it a hold.

TheStreet Ratings rates Bank of America Corporation as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Bank of America Corporation 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 banking industry could consider KBW Bank ETF ( KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng ( KRS).

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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