3 Stocks Boosting 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 41 points (-0.3%) at 14,800 as of Friday, Aug. 30, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 850 issues advancing vs. 2,040 declining with 117 unchanged.

The Financial sector currently sits down 0.6% versus the S&P 500, which is down 0.3%. Top gainers within the sector include Corpbanca ( BCA), up 5.1%, HDFC Bank ( HDB), up 3.9%, Banco Santander Chile ( BSAC), up 2.4%, Toronto-Dominion Bank ( TD), up 1.1% and Brookfield Asset Management ( BAM), up 1.1%. On the negative front, top decliners within the sector include ING Groep N.V ( ING), down 2.6%, Mitsubishi UFJ Financial Group ( MTU), down 2.0%, Nomura Holdings ( NMR), down 2.0%, Aegon ( AEG), down 1.8% and TD Ameritrade Holding Corporation ( AMTD), down 1.7%.

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

3. Sun Life Financial ( SLF) is one of the companies pushing the Financial sector higher today. As of noon trading, Sun Life Financial is up $0.36 (1.2%) to $30.64 on light volume. Thus far, 91,058 shares of Sun Life Financial exchanged hands as compared to its average daily volume of 342,300 shares. The stock has ranged in price between $30.33-$30.71 after having opened the day at $30.35 as compared to the previous trading day's close of $30.28.

Sun Life Financial Inc., an international financial services organization, provides a range of protection and wealth accumulation products and services to individuals and corporate customers. Sun Life Financial has a market cap of $18.4 billion and is part of the insurance industry. Shares are up 14.1% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Sun Life Financial a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Sun Life Financial 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, notable return on equity, 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 Sun Life 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.

If you liked this article you might like

The Big Reason You Should Buy Assurant: 13 Years of Dividend Growth

These 5 Financial Sector Trades Are Breaking Out Ahead of the Rate Hike

10 High-Dividend Stocks for Safe Retirement Income

Get Some Insurance for (and in) Your Portfolio

Get Some Insurance for (and in) Your Portfolio

3 Stocks With Upcoming Ex-Dividend Dates: SLF, TER, HRS