5 Stocks Raising The Financial 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 14 points (-0.1%) at 15,098 as of Friday, Aug. 16, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,393 issues advancing vs. 1,555 declining with 92 unchanged.

The Financial sector currently is unchanged today versus the S&P 500, which is down 0.1%. Top gainers within the sector include Lincoln National Corp (Radnor ( LNC), up 2.4%, TD Ameritrade Holding Corporation ( AMTD), up 2.1%, Nomura Holdings ( NMR), up 1.9%, Lloyds Banking Group ( LYG), up 1.8% and Credit Suisse Group ( CS), up 1.6%. On the negative front, top decliners within the sector include ING Groep N.V ( ING), down 2.7%, Ventas ( VTR), down 2.2%, Prologis ( PLD), down 1.9%, Simon Property Group ( SPG), down 1.6% and HCP ( HCP), down 1.5%.

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

5. SunTrust Banks ( STI) is one of the companies pushing the Financial sector higher today. As of noon trading, SunTrust Banks is up $0.35 (1.0%) to $34.73 on light volume. Thus far, 1.4 million shares of SunTrust Banks exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $34.27-$34.97 after having opened the day at $34.27 as compared to the previous trading day's close of $34.38.

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services in the United States. The company operates in three segments: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking. SunTrust Banks has a market cap of $18.8 billion and is part of the banking industry. Shares are up 21.3% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate SunTrust Banks a buy, 3 analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates SunTrust Banks as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, expanding profit margins, notable return on equity and impressive record of earnings per share growth. 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 SunTrust Banks 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, Bank of New York Mellon ( BK) is up $0.19 (0.6%) to $30.61 on average volume. Thus far, 2.5 million shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of 5.7 million shares. The stock has ranged in price between $30.31-$30.72 after having opened the day at $30.32 as compared to the previous trading day's close of $30.42.

The Bank of New York Mellon Corporation provides various financial products and services worldwide. It operates through Investment Management, Investment Services, and Other segments. Bank of New York Mellon has a market cap of $35.3 billion and is part of the financial services industry. Shares are up 18.4% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Bank of New York Mellon a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Bank of New York Mellon as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Bank of New York Mellon 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, Prudential Financial ( PRU) is up $0.71 (0.9%) to $79.45 on average volume. Thus far, 1.1 million shares of Prudential Financial exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $78.44-$79.78 after having opened the day at $78.44 as compared to the previous trading day's close of $78.74.

Prudential Financial, Inc., through its subsidiaries, provides a range of insurance, investment management, and other financial products and services to both individual and institutional customers in the United States and internationally. Prudential Financial has a market cap of $37.1 billion and is part of the insurance industry. Shares are up 47.6% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Prudential Financial a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Prudential Financial as a buy. Among the primary strengths of the company is its solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Prudential 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.

2. As of noon trading, Capital One Financial ( COF) is up $0.42 (0.6%) to $67.43 on light volume. Thus far, 984,314 shares of Capital One Financial exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $66.84-$67.69 after having opened the day at $66.89 as compared to the previous trading day's close of $67.01.

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 $40.0 billion and is part of the financial services industry. Shares are up 15.7% year to date as of the close of trading on Thursday. Currently there are 17 analysts that rate Capital One Financial a buy, no analysts rate it a sell, and 5 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, attractive valuation levels 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 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.

1. As of noon trading, BlackRock ( BLK) is up $1.33 (0.5%) to $271.42 on light volume. Thus far, 277,315 shares of BlackRock exchanged hands as compared to its average daily volume of 810,800 shares. The stock has ranged in price between $268.01-$272.85 after having opened the day at $269.08 as compared to the previous trading day's close of $270.09.

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 $46.6 billion and is part of the financial services industry. Shares are up 30.7% 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 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 solid stock price performance, impressive record of earnings per share growth, revenue 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).

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