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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 116 points (0.8%) at 15,038 as of Monday, Sept. 9, 2013, 12:44 PM ET. The NYSE advances/declines ratio sits at 2,262 issues advancing vs. 646 declining with 106 unchanged.

The Financial sector currently sits up 0.6% versus the S&P 500, which is up 0.7%. Top gainers within the sector include Orix Corporation ( IX), up 2.9%, Woori Finance Holdings ( WF), up 3.1%, Lloyds Banking Group ( LYG), up 2.8%, Nomura Holdings ( NMR), up 2.4% and ING Groep N.V ( ING), up 2.3%. A company within the sector that fell today was M&T Bank ( MTB), up 1.5%.

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

5. Morgan Stanley ( MS) is one of the companies pushing the Financial sector higher today. As of noon trading, Morgan Stanley is up $0.31 (1.2%) to $27.12 on light volume. Thus far, 5.6 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 15.2 million shares. The stock has ranged in price between $26.95-$27.29 after having opened the day at $26.96 as compared to the previous trading day's close of $26.81.

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 $52.2 billion and is part of the financial services industry. Shares are up 40.2% year to date as of the close of trading on Friday. 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.

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, Goldman Sachs Group ( GS) is up $1.69 (1.1%) to $158.35 on average volume. Thus far, 1.1 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $157.16-$159.52 after having opened the day at $157.43 as compared to the previous trading day's close of $156.66.

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 $70.1 billion and is part of the financial services industry. Shares are up 22.8% year to date as of the close of trading on Friday. 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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Goldman Sachs 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, JPMorgan Chase ( JPM) is up $0.25 (0.5%) to $52.81 on average volume. Thus far, 9.6 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 18.2 million shares. The stock has ranged in price between $52.60-$53.19 after having opened the day at $52.78 as compared to the previous trading day's close of $52.56.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $196.2 billion and is part of the banking industry. Shares are up 19.5% year to date as of the close of trading on Friday. Currently there are 19 analysts that rate JPMorgan Chase a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, compelling growth in net income, solid stock price performance 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 JPMorgan Chase 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 $0.65 (1.3%) to $49.87 on average volume. Thus far, 11.6 million shares of Citigroup exchanged hands as compared to its average daily volume of 26.9 million shares. The stock has ranged in price between $49.36-$50.08 after having opened the day at $49.49 as compared to the previous trading day's close of $49.22.

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 $151.6 billion and is part of the banking industry. Shares are up 24.4% year to date as of the close of trading on Friday. 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 revenue growth, good cash flow from operations, increase in net income, solid stock price performance and attractive valuation levels. 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 $0.10 (0.7%) to $14.46 on light volume. Thus far, 30.8 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 103.6 million shares. The stock has ranged in price between $14.37-$14.48 after having opened the day at $14.41 as compared to the previous trading day's close of $14.36.

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 $154.4 billion and is part of the banking industry. Shares are up 23.8% year to date as of the close of trading on Friday. 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 good cash flow from operations, solid stock price performance and increase in net income. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. 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).

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