5 Financial Stocks Nudging The 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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 8 points (0.1%) at 15,256 as of Monday, June 10, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,353 issues advancing vs. 1,578 declining with 107 unchanged.

The Financial sector currently sits up 0.3% versus the S&P 500, which is up 0.1%. Top gainers within the sector include Icahn ( IEP), up 4.2%, PNC Financial Services Group ( PNC), up 2.0%, Digital Realty ( DLR), up 1.9%, Royal Bank of Scotland Group (The ( RBS), up 1.9% and Orix Corporation ( IX), up 1.9%. On the negative front, top decliners within the sector include Woori Finance Holdings ( WF), down 1.95, American Tower ( AMT), down 1.88, HDFC Bank ( HDB), down 1.71, HCP ( HCP), down 1.47 and Public Storage ( PSA), down 1.06.

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

5. Lincoln National Corp (Radnor ( LNC) is one of the companies pushing the Financial sector higher today. As of noon trading, Lincoln National Corp (Radnor is up $0.56 (1.56) to $36.45 on average volume Thus far, 1.6 million shares of Lincoln National Corp (Radnor exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $36.06-$36.71 after having opened the day at $36.06 as compared to the previous trading day's close of $35.89.

Lincoln National Corporation, through its subsidiaries, engages in multiple insurance and retirement businesses in the United States. The company operates in Annuities, Retirement Plan Services, Life Insurance, and Group Protection segments. Lincoln National Corp (Radnor has a market cap of $9.3 billion and is part of the insurance industry. The company has a P/E ratio of 7.7, below the S&P 500 P/E ratio of 17.7. Shares are up 38.6% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Lincoln National Corp (Radnor a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Lincoln National Corp (Radnor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Lincoln National Corp (Radnor Ratings Report now.

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