5 Financial Stocks Driving 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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 93 points (0.6%) at 15,285 as of Wednesday, Sept. 11, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,438 issues advancing vs. 1,461 declining with 119 unchanged.

The Financial sector currently sits down 0.1% versus the S&P 500, which is up 0.1%. Top gainers within the sector include Digital Realty ( DLR), up 2.4%, MasterCard Incorporated ( MA), up 1.6%, Progressive Corporation ( PGR), up 1.3%, Credit Suisse Group ( CS), up 1.1% and Royal Bank of Scotland Group (The ( RBS), up 0.9%. On the negative front, top decliners within the sector include Weyerhaeuser ( WY), down 1.4%, BlackRock ( BLK), down 1.4%, Citigroup ( C), down 1.2% and Nomura Holdings ( NMR), down 0.9%.

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

5. Chubb ( CB) is one of the companies pushing the Financial sector higher today. As of noon trading, Chubb is up $0.64 (0.7%) to $87.16 on average volume. Thus far, 562,147 shares of Chubb exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $86.45-$87.69 after having opened the day at $86.45 as compared to the previous trading day's close of $86.52.

The Chubb Corporation, through its subsidiaries, provides property and casualty insurance to businesses and individuals. Chubb has a market cap of $21.9 billion and is part of the insurance industry. Shares are up 14.9% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Chubb a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Chubb 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, increase in net income and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Chubb 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, ACE ( ACE) is up $1.18 (1.3%) to $91.19 on average volume. Thus far, 531,216 shares of ACE exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $89.90-$91.24 after having opened the day at $89.95 as compared to the previous trading day's close of $90.01.

visited company on 1/1/2007 and a good price is $40. ACE has a market cap of $30.4 billion and is part of the insurance industry. Shares are up 12.8% year to date as of the close of trading on Tuesday. Currently there are 14 analysts that rate ACE a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates ACE 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, solid stock price performance, impressive record of earnings per share growth 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 ACE 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, Aflac ( AFL) is up $0.83 (1.4%) to $60.75 on average volume. Thus far, 959,316 shares of Aflac exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $59.84-$60.84 after having opened the day at $59.95 as compared to the previous trading day's close of $59.92.

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. Aflac has a market cap of $27.5 billion and is part of the insurance industry. Shares are up 12.8% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Aflac a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Aflac 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, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Aflac 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, Allstate ( ALL) is up $0.48 (1.0%) to $49.92 on average volume. Thus far, 1.1 million shares of Allstate exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $49.36-$49.98 after having opened the day at $49.39 as compared to the previous trading day's close of $49.44.

The Allstate Corporation, through its subsidiaries, engages in the provision of personal property and casualty insurance, life insurance, and retirement and investment products primarily in the United States. Allstate has a market cap of $22.8 billion and is part of the insurance industry. Shares are up 23.1% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Allstate a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Allstate 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, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Allstate 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, Travelers Companies ( TRV) is up $0.60 (0.7%) to $83.14 on average volume. Thus far, 1.3 million shares of Travelers Companies exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $82.42-$83.88 after having opened the day at $82.50 as compared to the previous trading day's close of $82.54.

The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. Travelers Companies has a market cap of $30.7 billion and is part of the insurance industry. Shares are up 14.9% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Travelers Companies a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Travelers Companies 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Travelers Companies 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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