5 Stocks Raising 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 155 points (-1.0%) at 15,255 as of Wednesday, May 29, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 466 issues advancing vs. 2,548 declining with 68 unchanged.

The Financial Services industry currently sits down 0.86 versus the S&P 500, which is down 0.89. A company within the industry that increased today was State Street ( STT), up 1.28. On the negative front, top decliners within the industry include Nomura Holdings ( NMR), down 4.53, Visa ( V), down 0.81 and MasterCard Incorporated ( MA), down 0.50.

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

5. SLM ( SLM) is one of the companies pushing the Financial Services industry higher today. As of noon trading, SLM is up $0.75 (3.26) to $23.73 on heavy volume Thus far, 7.8 million shares of SLM exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $23.60-$26.17 after having opened the day at $25.09 as compared to the previous trading day's close of $22.98.

SLM Corporation, through its subsidiaries, originates, acquires, finances, and services private education loans in the United States. The company operates through three segments: Consumer Lending, Business Services, and FFELP Loans. SLM has a market cap of $10.1 billion and is part of the financial sector. The company has a P/E ratio of 9.4, below the S&P 500 P/E ratio of 17.7. Shares are up 33.0% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate SLM a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates SLM as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and attractive valuation levels. 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 SLM Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, CME Group ( CME) is up $0.92 (1.40) to $66.41 on heavy volume Thus far, 1.3 million 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 $64.74-$66.50 after having opened the day at $65.00 as compared to the previous trading day's close of $65.49.

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 $21.5 billion and is part of the financial sector. The company has a P/E ratio of 24.7, above the S&P 500 P/E ratio of 17.7. Shares are up 27.4% year to date as of the close of trading on Tuesday. Currently there are 5 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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Bank of New York Mellon ( BK) is up $0.21 (0.70) to $30.30 on average volume Thus far, 2.8 million shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $29.84-$30.30 after having opened the day at $29.86 as compared to the previous trading day's close of $30.09.

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 $34.3 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 14.8% year to date as of the close of trading on Tuesday. 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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Morgan Stanley ( MS) is up $0.33 (1.33) to $25.06 on average volume Thus far, 9.6 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 19.1 million shares. The stock has ranged in price between $24.53-$25.29 after having opened the day at $24.62 as compared to the previous trading day's close of $24.73.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. Morgan Stanley has a market cap of $47.7 billion and is part of the financial sector. The company has a P/E ratio of 43.5, above the S&P 500 P/E ratio of 17.7. Shares are up 29.3% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Morgan Stanley a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Morgan Stanley as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and poor profit margins. Get the full Morgan Stanley Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Goldman Sachs Group ( GS) is up $2.57 (1.60) to $163.27 on heavy volume Thus far, 3.0 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $159.41-$163.75 after having opened the day at $159.74 as compared to the previous trading day's close of $160.70.

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 $72.8 billion and is part of the financial sector. The company has a P/E ratio of 10.9, below the S&P 500 P/E ratio of 17.7. Shares are up 24.4% year to date as of the close of trading on Tuesday. 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, attractive valuation levels, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Goldman Sachs Group Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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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