Financial Stocks On The Rise With Help From 5 Stocks

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 89 points (0.6%) at 15,077 as of Friday, July 5, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,417 issues advancing vs. 1,574 declining with 76 unchanged.

The Financial sector currently sits up 0.2% versus the S&P 500, which is up 0.6%. Top gainers within the sector include Lincoln National Corp (Radnor ( LNC), up 4.7%, SunTrust Banks ( STI), up 3.6%, Nomura Holdings ( NMR), up 3.7%, ING Groep N.V ( ING), up 3.2% and Charles Schwab ( SCHW), up 2.8%. On the negative front, top decliners within the sector include American Capital Agency ( AGNC), down 7.7%, Annaly Capital Management ( NLY), down 6.8%, Ventas ( VTR), down 3.3%, Health Care REIT ( HCN), down 3.2% and HCP ( HCP), down 2.9%.

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

5. U.S. Bancorp ( USB) is one of the companies pushing the Financial sector higher today. As of noon trading, U.S. Bancorp is up $0.28 (0.8%) to $36.63 on light volume. Thus far, 3.4 million shares of U.S. Bancorp exchanged hands as compared to its average daily volume of 10.3 million shares. The stock has ranged in price between $36.48-$36.72 after having opened the day at $36.52 as compared to the previous trading day's close of $36.35.

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 $67.1 billion and is part of the banking industry. Shares are up 13.8% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate U.S. Bancorp a buy, 2 analysts rate it a sell, and 15 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, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full U.S. Bancorp 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, American Express ( AXP) is up $1.34 (1.8%) to $75.92 on light volume. Thus far, 2.1 million shares of American Express exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $75.12-$76.00 after having opened the day at $75.31 as compared to the previous trading day's close of $74.58.

American Express Company provides charge and credit payment card products and travel-related services to customers worldwide. American Express has a market cap of $82.0 billion and is part of the financial services industry. Shares are up 29.7% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate American Express a buy, 1 analyst rates it a sell, and 12 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.

3. As of noon trading, Goldman Sachs Group ( GS) is up $2.11 (1.4%) to $152.54 on light volume. Thus far, 1.2 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $151.50-$153.22 after having opened the day at $152.30 as compared to the previous trading day's close of $150.43.

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 $69.2 billion and is part of the financial services industry. Shares are up 18.3% year to date as of the close of trading on Wednesday. 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.

2. As of noon trading, American International Group ( AIG) is up $0.91 (2.1%) to $45.13 on light volume. Thus far, 5.3 million shares of American International Group exchanged hands as compared to its average daily volume of 17.7 million shares. The stock has ranged in price between $44.58-$45.29 after having opened the day at $44.70 as compared to the previous trading day's close of $44.22.

American International Group, Inc. engages in the provision of insurance products and services for the commercial, institutional, and individual customers in the United States and internationally. The company operates in three segments: Chartis, SunAmerica Financial Group, and Aircraft Leasing. American International Group has a market cap of $66.3 billion and is part of the insurance industry. Shares are up 27.2% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate American International Group a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates American International Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and feeble growth in the company's earnings per share. Get the full American International 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.

1. As of noon trading, Wells Fargo ( WFC) is up $0.60 (1.5%) to $41.82 on light volume. Thus far, 6.7 million shares of Wells Fargo exchanged hands as compared to its average daily volume of 21.2 million shares. The stock has ranged in price between $41.43-$41.90 after having opened the day at $41.46 as compared to the previous trading day's close of $41.22.

Wells Fargo & Company provides retail, commercial, and corporate banking services. Wells Fargo has a market cap of $218.3 billion and is part of the banking industry. Shares are up 20.6% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Wells Fargo a buy, 1 analyst rates it a sell, and 11 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 solid stock price performance, impressive record of earnings per share growth, expanding profit margins, notable return on equity and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Wells Fargo 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 sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).
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