3 Stocks Moving The Financial Services Industry Upward

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 57 points (-0.4%) at 15,601 as of Monday, Aug. 5, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,233 issues advancing vs. 1,686 declining with 120 unchanged.

The Financial Services industry currently sits down 0.2% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include CBOE Holdings ( CBOE), down 4.0%, Orix Corporation ( IX), down 1.0%, NYSE Euronext ( NYX), down 0.8% and Nomura Holdings ( NMR), down 0.5%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. TD Ameritrade Holding Corporation ( AMTD) is one of the companies pushing the Financial Services industry higher today. As of noon trading, TD Ameritrade Holding Corporation is up $0.16 (0.6%) to $27.65 on light volume. Thus far, 799,240 shares of TD Ameritrade Holding Corporation exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $27.33-$27.88 after having opened the day at $27.47 as compared to the previous trading day's close of $27.49.

TD Ameritrade Holding Corporation provides securities brokerage services and technology-based financial services to retail investors, traders, and independent registered investment advisors (RIAs) in the United States. TD Ameritrade Holding Corporation has a market cap of $15.2 billion and is part of the financial sector. Shares are up 63.5% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate TD Ameritrade Holding Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates TD Ameritrade Holding Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, solid stock price performance, growth in earnings per share and increase in net income. 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 TD Ameritrade Holding Corporation Ratings Report now.

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2. As of noon trading, Franklin Resources ( BEN) is up $0.37 (0.7%) to $50.26 on light volume. Thus far, 834,310 shares of Franklin Resources exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $49.79-$50.39 after having opened the day at $49.79 as compared to the previous trading day's close of $49.89.

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 $31.8 billion and is part of the financial sector. Shares are up 19.1% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Franklin Resources a buy, no analysts rate it a sell, and 6 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, notable return on equity, expanding profit margins, good cash flow from operations and solid stock price performance. 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.

1. As of noon trading, Goldman Sachs Group ( GS) is up $1.02 (0.6%) to $168.64 on average volume. Thus far, 1.5 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $166.44-$169.69 after having opened the day at $167.21 as compared to the previous trading day's close of $167.62.

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 $76.8 billion and is part of the financial sector. Shares are up 31.4% year to date as of the close of trading on Friday. 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 robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. 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.

If you are interested in one of these 3 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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