5 Financial Services Stocks Driving The Industry Higher

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 132 points (0.9%) at 15,423 as of Thursday, July 11, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 2,501 issues advancing vs. 485 declining with 57 unchanged.

The Financial Services industry currently sits up 0.6% versus the S&P 500, which is up 1.0%. Top gainers within the industry include Orix Corporation ( IX), up 2.9%, Blackstone Group ( BX), up 2.3%, T. Rowe Price Group ( TROW), up 2.5%, Affiliated Managers Group ( AMG), up 2.2% and Nomura Holdings ( NMR), up 2.4%.

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

5. Ameriprise Financial ( AMP) is one of the companies pushing the Financial Services industry higher today. As of noon trading, Ameriprise Financial is up $1.39 (1.6%) to $85.95 on average volume. Thus far, 527,914 shares of Ameriprise Financial exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $85.63-$86.38 after having opened the day at $86.17 as compared to the previous trading day's close of $84.56.

Ameriprise Financial, Inc., through its subsidiaries, provides a range of financial products and services in the United States and internationally. Ameriprise Financial has a market cap of $17.1 billion and is part of the financial sector. Shares are up 35.0% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Ameriprise Financial a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Ameriprise 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, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Ameriprise 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.

4. As of noon trading, Invesco ( IVZ) is up $0.74 (2.4%) to $32.08 on average volume. Thus far, 2.3 million shares of Invesco exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $31.86-$32.19 after having opened the day at $31.88 as compared to the previous trading day's close of $31.34.

Invesco Ltd. is a publicly owned investment manager. The firm primarily provides its services to individuals, typically high net worth individuals. It also manages accounts for institutions. The firm manages separate client focused equity, fixed income, balanced portfolios. Invesco has a market cap of $14.3 billion and is part of the financial sector. Shares are up 20.1% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Invesco a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Invesco as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Invesco 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, Franklin Resources ( BEN) is up $3.16 (2.3%) to $140.14 on heavy volume. Thus far, 958,623 shares of Franklin Resources exchanged hands as compared to its average daily volume of 930,300 shares. The stock has ranged in price between $138.33-$141.00 after having opened the day at $138.83 as compared to the previous trading day's close of $136.98.

Franklin Resources Inc. is a publicly owned asset management holding company. The firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It manages, through its subsidiary, separate client-focused equity, fixed income, and balanced portfolios. Franklin Resources has a market cap of $29.7 billion and is part of the financial sector. Shares are up 9.0% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Franklin Resources a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Franklin Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income 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 Franklin Resources 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, BlackRock ( BLK) is up $3.13 (1.2%) to $267.84 on average volume. Thus far, 533,250 shares of BlackRock exchanged hands as compared to its average daily volume of 847,900 shares. The stock has ranged in price between $266.95-$272.03 after having opened the day at $267.57 as compared to the previous trading day's close of $264.71.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. BlackRock has a market cap of $44.4 billion and is part of the financial sector. Shares are up 28.1% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate BlackRock a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates BlackRock as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income 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 BlackRock 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, Capital One Financial ( COF) is up $0.41 (0.6%) to $65.32 on light volume. Thus far, 1.1 million shares of Capital One Financial exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $65.10-$65.78 after having opened the day at $65.71 as compared to the previous trading day's close of $64.91.

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States. Capital One Financial has a market cap of $38.3 billion and is part of the financial sector. Shares are up 12.0% year to date as of the close of trading on Wednesday. Currently there are 18 analysts that rate Capital One Financial a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Capital One Financial as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Capital One 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.

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).

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