SCHW, MET, AXP, MS And GS, Pushing Financial Sector Downward

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%. On the negative front, top decliners within the sector include ING Groep N.V ( ING), down 2.6%, Mitsubishi UFJ Financial Group ( MTU), down 1.9%, Nomura Holdings ( NMR), down 1.8%, Aegon ( AEG), down 1.7% and TD Ameritrade Holding Corporation ( AMTD), down 1.6%. Top gainers within the sector include Corpbanca ( BCA), up 5.1%, HDFC Bank ( HDB), up 3.8%, Banco Santander Chile ( BSAC), up 2.3%, Toronto-Dominion Bank ( TD), up 1.1% and Brookfield Asset Management ( BAM), up 1.1%.

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

5. Charles Schwab ( SCHW) is one of the companies pushing the Financial sector lower today. As of noon trading, Charles Schwab is down $0.40 (-1.9%) to $20.89 on light volume. Thus far, 2.8 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 9.5 million shares. The stock has ranged in price between $20.82-$21.33 after having opened the day at $21.28 as compared to the previous trading day's close of $21.29.

The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, money management, and financial advisory services to individuals and institutional clients. The company operates through two segments, Investor Services and Institutional Services. Charles Schwab has a market cap of $26.9 billion and is part of the financial services industry. Shares are up 46.0% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Charles Schwab a buy, 4 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Charles Schwab as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Charles Schwab Ratings Report now.

STOCKS TO BUY: 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, MetLife ( MET) is down $0.34 (-0.7%) to $46.10 on light volume. Thus far, 1.7 million shares of MetLife exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $46.00-$46.62 after having opened the day at $46.54 as compared to the previous trading day's close of $46.44.

MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs in the United States, Japan, Latin America, the Middle East, Asia, and Europe. MetLife has a market cap of $50.4 billion and is part of the insurance industry. Shares are up 41.0% year to date as of the close of trading on Thursday. Currently there are 14 analysts that rate MetLife a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates MetLife as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full MetLife Ratings Report now.

STOCKS TO BUY: 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, American Express ( AXP) is down $0.43 (-0.6%) to $71.79 on light volume. Thus far, 1.6 million shares of American Express exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $71.47-$72.24 after having opened the day at $72.11 as compared to the previous trading day's close of $72.22.

American Express Company provides charge and credit payment card products and travel-related services to customers worldwide. American Express has a market cap of $77.7 billion and is part of the financial services industry. Shares are up 25.6% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate American Express a buy, 2 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates American Express as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and notable return on equity. 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 American Express Ratings Report now.

STOCKS TO BUY: 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, Morgan Stanley ( MS) is down $0.17 (-0.7%) to $25.74 on light volume. Thus far, 4.6 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 16.3 million shares. The stock has ranged in price between $25.62-$26.04 after having opened the day at $26.03 as compared to the previous trading day's close of $25.91.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. Morgan Stanley has a market cap of $50.1 billion and is part of the financial services industry. Shares are up 35.5% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Morgan Stanley a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Morgan Stanley as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. Get the full Morgan Stanley Ratings Report now.

STOCKS TO BUY: 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 down $1.10 (-0.7%) to $152.53 on light volume. Thus far, 822,971 shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $151.81-$153.98 after having opened the day at $153.91 as compared to the previous trading day's close of $153.63.

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 $68.7 billion and is part of the financial services industry. Shares are up 20.4% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Goldman Sachs Group a buy, 1 analyst rates it a sell, and 16 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 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 Goldman Sachs Group Ratings Report now.

STOCKS TO BUY: 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 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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