5 Financial Services Stocks Driving The 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 87 points (-0.6%) at 14,874 as of Thursday, June 6, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,317 issues advancing vs. 1,603 declining with 125 unchanged.

The Financial Services industry currently sits up 0.1% versus the S&P 500, which is down 0.38. On the negative front, top decliners within the industry include Orix Corporation ( IX), down 2.83, and Nomura Holdings ( NMR), down 1.54.

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

5. TD Ameritrade Holding Corporation ( AMTD) is one of the companies pushing the Financial Services industry higher today. As of noon trading, TD Ameritrade Holding Corporation is up $0.38 (1.69) to $22.87 on average volume Thus far, 1.9 million shares of TD Ameritrade Holding Corporation exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $22.37-$23.31 after having opened the day at $22.45 as compared to the previous trading day's close of $22.49.

TD Ameritrade Holding Corporation provides securities brokerage services and technology-based financial services to retail investors, traders, and independent registered investment advisors (RIAs) in the United States. TD Ameritrade Holding Corporation has a market cap of $12.7 billion and is part of the financial sector. The company has a P/E ratio of 21.5, above the S&P 500 P/E ratio of 17.7. Shares are up 33.8% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate TD Ameritrade Holding Corporation a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates TD Ameritrade Holding Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full TD Ameritrade Holding Corporation Ratings Report now.

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4. As of noon trading, IntercontinentalExchange ( ICE) is up $1.84 (1.12) to $166.68 on average volume Thus far, 256,605 shares of IntercontinentalExchange exchanged hands as compared to its average daily volume of 653,900 shares. The stock has ranged in price between $163.93-$168.02 after having opened the day at $163.93 as compared to the previous trading day's close of $164.84.

IntercontinentalExchange, Inc. operates regulated global markets and clearing houses primarily in the United States, the United Kingdom, Canada, and Brazil. IntercontinentalExchange has a market cap of $12.0 billion and is part of the financial sector. The company has a P/E ratio of 22.4, above the S&P 500 P/E ratio of 17.7. Shares are up 33.1% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate IntercontinentalExchange a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates IntercontinentalExchange as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full IntercontinentalExchange 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, Blackstone Group ( BX) is up $0.24 (1.15) to $21.14 on light volume Thus far, 1.9 million shares of Blackstone Group exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $20.81-$21.24 after having opened the day at $20.89 as compared to the previous trading day's close of $20.90.

The Blackstone Group L.P., together with its subsidiaries, provides alternative asset management and financial advisory services worldwide. It operates in five segments: Private Equity, Real Estate, Hedge Fund Solutions, Credit Businesses, and Financial Advisory. Blackstone Group has a market cap of $11.7 billion and is part of the financial sector. The company has a P/E ratio of 35.7, above the S&P 500 P/E ratio of 17.7. Shares are up 34.1% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Blackstone Group a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Blackstone Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations 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 Blackstone 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.

2. As of noon trading, Charles Schwab ( SCHW) is up $0.20 (1.05) to $19.21 on average volume Thus far, 4.5 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 9.5 million shares. The stock has ranged in price between $18.99-$19.44 after having opened the day at $19.03 as compared to the previous trading day's close of $19.01.

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 $25.1 billion and is part of the financial sector. The company has a P/E ratio of 28.4, above the S&P 500 P/E ratio of 17.7. Shares are up 32.4% year to date as of the close of trading on Wednesday. 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.

1. As of noon trading, American Express ( AXP) is up $0.34 (0.45) to $75.10 on average volume Thus far, 2.5 million shares of American Express exchanged hands as compared to its average daily volume of 5.4 million shares. The stock has ranged in price between $74.64-$75.88 after having opened the day at $74.75 as compared to the previous trading day's close of $74.76.

American Express Company provides charge and credit payment card products and travel-related services to customers worldwide. American Express has a market cap of $83.6 billion and is part of the financial sector. The company has a P/E ratio of 19.2, 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 Wednesday. Currently there are 9 analysts that rate American Express a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates American Express as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, good cash flow from operations, solid stock price performance 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 American Express 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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