5 Financial Stocks Nudging The Sector Higher

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 79 points (-0.5%) at 15,419 as of Friday, Aug. 9, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,348 issues advancing vs. 1,561 declining with 117 unchanged.

The Financial sector currently sits up 0.1% versus the S&P 500, which is down 0.2%. Top gainers within the sector include Noah Holdings ( NOAH), up 25.8%, Banco Santander Chile ( BSAC), up 2.3%, Credit Suisse Group ( CS), up 1.9%, Prologis ( PLD), up 1.8% and American Tower ( AMT), up 1.9%. On the negative front, top decliners within the sector include SunTrust Banks ( STI), down 1.8%, Bank of America Corporation ( BAC), down 1.0%, T. Rowe Price Group ( TROW), down 0.8%, Citigroup ( C), down 0.7% and Aflac ( AFL), down 0.7%.

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

5. Credicorp ( BAP) is one of the companies pushing the Financial sector higher today. As of noon trading, Credicorp is up $2.42 (2.0%) to $125.70 on average volume. Thus far, 194,998 shares of Credicorp exchanged hands as compared to its average daily volume of 446,600 shares. The stock has ranged in price between $121.69-$126.01 after having opened the day at $122.91 as compared to the previous trading day's close of $123.28.

Credicorp Ltd., through its subsidiaries, provides financial services primarily in Peru, the Cayman Islands, Bolivia, Chile, Colombia, and Panama. It operates in four segments: Banking, Insurance, Pension Funds, and Investment Banking. Credicorp has a market cap of $9.7 billion and is part of the banking industry. Shares are down 15.9% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Credicorp a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Credicorp as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins and increase in stock price during the past year. 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 Credicorp 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, Boston Properties ( BXP) is up $1.94 (1.9%) to $104.94 on average volume. Thus far, 420,417 shares of Boston Properties exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $102.60-$105.12 after having opened the day at $103.07 as compared to the previous trading day's close of $103.00.

Boston Properties, Inc., a real estate investment trust (REIT), together with its subsidiaries, engages in the ownership and development of office properties. Boston Properties has a market cap of $15.6 billion and is part of the real estate industry. Shares are down 3.0% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Boston Properties a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Boston Properties as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Boston Properties 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, Health Care REIT ( HCN) is up $1.09 (1.7%) to $63.90 on average volume. Thus far, 1.1 million shares of Health Care REIT exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $62.79-$63.90 after having opened the day at $62.83 as compared to the previous trading day's close of $62.81.

Health Care REIT, Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. Health Care REIT has a market cap of $17.9 billion and is part of the real estate industry. Shares are up 2.5% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Health Care REIT a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Health Care REIT as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and relatively poor performance when compared with the S&P 500 during the past year. Get the full Health Care REIT 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, Simon Property Group ( SPG) is up $2.05 (1.3%) to $158.40 on light volume. Thus far, 385,271 shares of Simon Property Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $156.17-$158.60 after having opened the day at $156.41 as compared to the previous trading day's close of $156.35.

Simon Property Group, Inc. is an independent equity real estate investment trust. It engages in investment, ownership, and management of properties. The firm invests in the real estate markets across the globe. Simon Property Group has a market cap of $48.6 billion and is part of the real estate industry. Shares are down 0.8% year to date as of the close of trading on Thursday. Currently there are 15 analysts that rate Simon Property Group a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Simon Property Group as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, expanding profit margins, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Simon Property 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, BlackRock ( BLK) is up $2.98 (1.1%) to $281.50 on average volume. Thus far, 343,358 shares of BlackRock exchanged hands as compared to its average daily volume of 823,800 shares. The stock has ranged in price between $277.26-$283.50 after having opened the day at $278.86 as compared to the previous trading day's close of $278.52.

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 $47.4 billion and is part of the financial services industry. Shares are up 35.9% 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 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).

null

More from Markets

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Aceto's Search for Deal May Be Slowed by DOJ Subpoena

Aceto's Search for Deal May Be Slowed by DOJ Subpoena

Dow and S&P 500 Finish Higher Amid Strong Corporate Earnings

Dow and S&P 500 Finish Higher Amid Strong Corporate Earnings

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists