3 Financial Stocks On The Rise

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 up 13 points (0.1%) at 15,338 as of Friday, May 31, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 963 issues advancing vs. 1,995 declining with 88 unchanged.

The Financial sector currently sits down 0.39 versus the S&P 500, which is down 0.09. Top gainers within the sector include Morgan Stanley ( MS), up 1.7%, MetLife ( MET), up 1.5%, Weyerhaeuser ( WY), up 1.2%, American Express ( AXP), up 1.3% and State Street ( STT), up 0.8%. On the negative front, top decliners within the sector include Orix Corporation ( IX), down 5.03, Aegon ( AEG), down 3.04, American International Group ( AIG), down 2.78, ING Groep N.V ( ING), down 1.69 and Health Care REIT ( HCN), down 1.70.

TheStreet Ratings group would like to highlight 3 stocks pushing the sector higher today:

3. Royal Bank of Scotland Group (The ( RBS) is one of the companies pushing the Financial sector higher today. As of noon trading, Royal Bank of Scotland Group (The is up $0.17 (1.67) to $10.35 on heavy volume Thus far, 5.5 million shares of Royal Bank of Scotland Group (The exchanged hands as compared to its average daily volume of 745,800 shares. The stock has ranged in price between $10.22-$10.37 after having opened the day at $10.24 as compared to the previous trading day's close of $10.18.

The Royal Bank of Scotland Group plc, through its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. Royal Bank of Scotland Group (The has a market cap of $30.4 billion and is part of the banking industry. Shares are down 5.7% year to date as of the close of trading on Thursday. Currently there are no analysts that rate Royal Bank of Scotland Group (The a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Royal Bank of Scotland Group (The as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and increase in net income. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Royal Bank of Scotland Group (The 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, Icahn ( IEP) is up $2.31 (3.06) to $77.88 on light volume Thus far, 45,338 shares of Icahn exchanged hands as compared to its average daily volume of 205,500 shares. The stock has ranged in price between $75.22-$78.49 after having opened the day at $75.22 as compared to the previous trading day's close of $75.57.

Icahn Enterprises L.P. engages in the investment, automotive, gaming, railcar, food packaging, metals, real estate, and home fashion businesses in the United States and internationally. Its Investment segment provides investment advisory, and administrative and back office services. Icahn has a market cap of $8.4 billion and is part of the automotive industry. The company has a P/E ratio of 13.3, below the S&P 500 P/E ratio of 17.7. Shares are up 72.3% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Icahn a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Icahn as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, weak operating cash flow and disappointing return on equity. Get the full Icahn 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, Charles Schwab ( SCHW) is up $0.24 (1.20) to $20.40 on average volume Thus far, 5.8 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 9.4 million shares. The stock has ranged in price between $20.02-$20.41 after having opened the day at $20.13 as compared to the previous trading day's close of $20.16.

The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, money management, and financial advisory services to individuals and institutional clients. The company operates through two segments, Investor Services and Institutional Services. Charles Schwab has a market cap of $25.5 billion and is part of the financial services industry. The company has a P/E ratio of 28.9, above the S&P 500 P/E ratio of 17.7. Shares are up 40.4% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Charles Schwab a buy, 4 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Charles Schwab as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Charles Schwab 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 3 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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