5 Financial Stocks On The Rise

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 84 points (-0.5%) at 15,367 as of Wednesday, Aug. 14, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,073 issues advancing vs. 1,847 declining with 114 unchanged.

The Financial sector currently sits down 0.1% versus the S&P 500, which is down 0.3%. Top gainers within the sector include Royal Bank of Scotland Group (The ( RBS), up 5.1%, Weyerhaeuser ( WY), up 3.3%, Lloyds Banking Group ( LYG), up 1.5%, Nomura Holdings ( NMR), up 1.4% and Annaly Capital Management ( NLY), up 1.3%. On the negative front, top decliners within the sector include TD Ameritrade Holding Corporation ( AMTD), down 2.1%, Western Union Company ( WU), down 1.7%, Mitsubishi UFJ Financial Group ( MTU), down 1.4%, Charles Schwab ( SCHW), down 1.2% and Health Care REIT ( HCN), down 1.0%.

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

5. ING Groep N.V ( ING) is one of the companies pushing the Financial sector higher today. As of noon trading, ING Groep N.V is up $0.15 (1.3%) to $11.66 on average volume. Thus far, 1.4 million shares of ING Groep N.V exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $11.51-$11.69 after having opened the day at $11.51 as compared to the previous trading day's close of $11.51.

ING Groep N.V., a financial services company, provides banking, investment, life insurance, and retirement services. ING Groep N.V has a market cap of $44.2 billion and is part of the insurance industry. Shares are up 21.7% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate ING Groep N.V a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates ING Groep N.V as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and weak operating cash flow. Get the full ING Groep N.V 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, Credit Suisse Group ( CS) is up $0.34 (1.1%) to $30.94 on light volume. Thus far, 314,011 shares of Credit Suisse Group exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $30.78-$30.99 after having opened the day at $30.80 as compared to the previous trading day's close of $30.60.

Credit Suisse Group AG, together with its subsidiaries, provides various financial services to private, corporate, institutional, and government clients, as well as high-net-worth individuals worldwide. Credit Suisse Group has a market cap of $48.9 billion and is part of the banking industry. Shares are up 24.6% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Credit Suisse Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Credit Suisse Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels and impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Credit Suisse 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, UBS ( UBS) is up $0.17 (0.8%) to $20.80 on average volume. Thus far, 920,812 shares of UBS exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $20.65-$20.84 after having opened the day at $20.66 as compared to the previous trading day's close of $20.63.

UBS AG, a financial services firm, provides wealth management, asset management, and investment banking products and services worldwide. Its Wealth Management division provides financial services to high net worth individuals worldwide. UBS has a market cap of $78.5 billion and is part of the banking industry. Shares are up 29.9% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates UBS a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates UBS as a sell. Among the areas we feel are negative, one of the most important has been an overall disappointing return on equity. Get the full UBS 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 $0.30 (0.6%) to $52.08 on light volume. Thus far, 10.1 million shares of Citigroup exchanged hands as compared to its average daily volume of 29.2 million shares. The stock has ranged in price between $51.69-$52.44 after having opened the day at $51.95 as compared to the previous trading day's close of $51.77.

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 $154.8 billion and is part of the banking industry. Shares are up 28.7% year to date as of the close of trading on Tuesday. Currently there are 17 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, revenue growth, attractive valuation levels, solid stock price performance and good cash flow from operations. 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 $0.17 (1.2%) to $14.68 on average volume. Thus far, 45.6 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 118.0 million shares. The stock has ranged in price between $14.54-$14.75 after having opened the day at $14.55 as compared to the previous trading day's close of $14.51.

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 $154.8 billion and is part of the banking industry. Shares are up 24.1% year to date as of the close of trading on Tuesday. Currently there are 7 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 growth in earnings per share, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity. 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).
null