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 63 points (0.4%) at 15,199 as of Monday, July 8, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,878 issues advancing vs. 1,083 declining with 93 unchanged.

The Financial sector currently sits up 0.4% versus the S&P 500, which is up 1.0%. Top gainers within the sector include Manulife Financial Corporation ( MFC), up 3.3%, Royal Bank of Scotland Group (The ( RBS), up 2.9%, Annaly Capital Management ( NLY), up 2.4%, Lloyds Banking Group ( LYG), up 2.4% and Banco Santander ( SAN), up 2.8%. On the negative front, top decliners within the sector include Visa ( V), down 1.1%, and MasterCard Incorporated ( MA), down 0.7%.

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

5. Allstate ( ALL) is one of the companies pushing the Financial sector higher today. As of noon trading, Allstate is up $0.99 (2.0%) to $50.12 on average volume. Thus far, 1.6 million shares of Allstate exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $49.32-$50.12 after having opened the day at $49.32 as compared to the previous trading day's close of $49.13.

The Allstate Corporation, through its subsidiaries, engages in the provision of personal property and casualty insurance, life insurance, and retirement and investment products primarily in the United States. Allstate has a market cap of $22.7 billion and is part of the insurance industry. Shares are up 22.3% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Allstate a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Allstate 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 Allstate 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, Prudential Financial ( PRU) is up $1.14 (1.5%) to $76.74 on average volume. Thus far, 1.4 million shares of Prudential Financial exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $76.00-$77.08 after having opened the day at $76.00 as compared to the previous trading day's close of $75.60.

Prudential Financial, Inc., through its subsidiaries, provides a range of insurance, investment management, and other financial products and services to both individual and institutional customers in the United States and internationally. Prudential Financial has a market cap of $34.3 billion and is part of the insurance industry. Shares are up 41.8% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Prudential Financial a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Prudential Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, reasonable 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 Prudential Financial 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, MetLife ( MET) is up $0.26 (0.6%) to $47.78 on light volume. Thus far, 2.0 million shares of MetLife exchanged hands as compared to its average daily volume of 8.0 million shares. The stock has ranged in price between $47.55-$47.99 after having opened the day at $47.83 as compared to the previous trading day's close of $47.52.

MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs in the United States, Japan, Latin America, the Middle East, Asia, and Europe. MetLife has a market cap of $50.7 billion and is part of the insurance industry. Shares are up 44.3% year to date as of the close of trading on Friday. Currently there are 16 analysts that rate MetLife a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates MetLife as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, 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 MetLife 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, Citigroup ( C) is up $0.44 (0.9%) to $48.97 on average volume. Thus far, 11.6 million shares of Citigroup exchanged hands as compared to its average daily volume of 30.5 million shares. The stock has ranged in price between $48.80-$49.37 after having opened the day at $48.92 as compared to the previous trading day's close of $48.53.

Citigroup, Inc., a diversified financial services holding company, provides a range of financial products and services to consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Citicorp and Citi Holdings. Citigroup has a market cap of $145.1 billion and is part of the banking industry. Shares are up 22.7% year to date as of the close of trading on Friday. Currently there are 18 analysts that rate Citigroup a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, 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 Citigroup 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, Bank of America Corporation ( BAC) is up $0.08 (0.6%) to $13.14 on light volume. Thus far, 38.1 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 129.0 million shares. The stock has ranged in price between $13.08-$13.20 after having opened the day at $13.11 as compared to the previous trading day's close of $13.06.

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. Bank of America Corporation has a market cap of $138.3 billion and is part of the banking industry. Shares are up 12.5% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Bank of America Corporation a buy, 2 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Bank of America Corporation as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Bank of America Corporation 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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