4 Financial Stocks Pushing Sector Growth

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 15,618 as of Friday, Aug. 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,354 issues advancing vs. 1,554 declining with 118 unchanged.

The Financial sector currently sits down 0.2% versus the S&P 500, which is down 0.1%. Top gainers within the sector include UBS ( UBS), up 2.3%, Visa ( V), up 2.2%, Host Hotels & Resorts ( HST), up 2.3%, HCP ( HCP), up 2.1% and Banco De Chile ( BCH), up 1.2%. On the negative front, top decliners within the sector include Royal Bank of Scotland Group (The ( RBS), down 2.4%, Orix Corporation ( IX), down 1.5%, MetLife ( MET), down 1.2%, HDFC Bank ( HDB), down 1.2% and Equity Residential ( EQR), down 0.9%.

TheStreet would like to highlight 4 stocks pushing the sector higher today:

4. KB Financial Group ( KB) is one of the companies pushing the Financial sector higher today. As of noon trading, KB Financial Group is up $0.46 (1.4%) to $32.80 on average volume. Thus far, 62,814 shares of KB Financial Group exchanged hands as compared to its average daily volume of 136,300 shares. The stock has ranged in price between $32.40-$32.91 after having opened the day at $32.43 as compared to the previous trading day's close of $32.34.

KB Financial Group Inc., a financial holding company, provides various banking and related financial services to consumers and corporations primarily in Korea. KB Financial Group has a market cap of $12.2 billion and is part of the banking industry. Shares are down 11.9% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates KB Financial Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates KB Financial Group as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, increase in stock price during the past year and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full KB Financial 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.

3. As of noon trading, Banco Santander Chile ( BSAC) is up $0.98 (4.2%) to $24.39 on average volume. Thus far, 177,947 shares of Banco Santander Chile exchanged hands as compared to its average daily volume of 327,000 shares. The stock has ranged in price between $23.41-$24.39 after having opened the day at $23.67 as compared to the previous trading day's close of $23.41.

Banco Santander-Chile provides commercial and retail banking services in Chile. It operates through two segments, Commercial Banking, and Global Banking and Markets. Banco Santander Chile has a market cap of $10.6 billion and is part of the banking industry. Shares are down 20.8% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Banco Santander Chile a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Banco Santander Chile as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, reasonable valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and deteriorating net income. Get the full Banco Santander Chile 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, Royal Bank Of Canada ( RY) is up $0.45 (0.7%) to $62.21 on light volume. Thus far, 259,164 shares of Royal Bank Of Canada exchanged hands as compared to its average daily volume of 727,500 shares. The stock has ranged in price between $61.39-$62.31 after having opened the day at $61.48 as compared to the previous trading day's close of $61.76.

Royal Bank of Canada provides personal and commercial banking, wealth management, insurance, investor and treasury, and capital markets services worldwide. Royal Bank Of Canada has a market cap of $89.8 billion and is part of the banking industry. Shares are up 2.4% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Royal Bank Of Canada a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Royal Bank Of Canada as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and solid stock price performance. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. Get the full Royal Bank Of Canada 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, BlackRock ( BLK) is up $1.18 (0.4%) to $286.45 on light volume. Thus far, 228,612 shares of BlackRock exchanged hands as compared to its average daily volume of 832,000 shares. The stock has ranged in price between $284.35-$288.32 after having opened the day at $285.50 as compared to the previous trading day's close of $285.27.

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 $47.6 billion and is part of the financial services industry. Shares are up 36.4% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate BlackRock a buy, no analysts rate it a sell, and 7 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, impressive record of earnings per share growth, expanding profit margins and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. 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.

If you are interested in one of these 4 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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