3 Stocks Pushing The Banking Industry 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 22 points (0.1%) at 15,424 as of Tuesday, Sept. 24, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,875 issues advancing vs. 1,030 declining with 132 unchanged.

The Banking industry currently sits up 0.4% versus the S&P 500, which is up 0.2%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Credit Suisse Group ( CS) is one of the companies pushing the Banking industry lower today. As of noon trading, Credit Suisse Group is down $0.21 (-0.7%) to $30.50 on average volume. Thus far, 616,571 shares of Credit Suisse Group exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $30.23-$30.51 after having opened the day at $30.38 as compared to the previous trading day's close of $30.71.

Credit Suisse Group AG, together with its subsidiaries, provides various financial services to private, corporate, institutional, and government clients, as well as high-net-worth individuals worldwide. Credit Suisse Group has a market cap of $49.2 billion and is part of the financial sector. Shares are up 25.7% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Credit Suisse Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Credit Suisse Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels and impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. Get the full Credit Suisse 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.

2. As of noon trading, BB&T ( BBT) is down $0.32 (-0.9%) to $33.88 on average volume. Thus far, 1.9 million shares of BB&T exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $33.71-$34.09 after having opened the day at $33.96 as compared to the previous trading day's close of $34.19.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. BB&T has a market cap of $24.7 billion and is part of the financial sector. Shares are up 20.4% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate BB&T a buy, 1 analyst rates it a sell, and 16 rate it a hold.

TheStreet Ratings rates BB&T as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, expanding profit margins, good cash flow from operations and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full BB&T 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, Citigroup ( C) is down $0.37 (-0.8%) to $49.20 on average volume. Thus far, 14.2 million shares of Citigroup exchanged hands as compared to its average daily volume of 24.3 million shares. The stock has ranged in price between $48.95-$49.48 after having opened the day at $49.44 as compared to the previous trading day's close of $49.57.

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 $155.7 billion and is part of the financial sector. Shares are up 29.4% year to date as of the close of trading on Monday. 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.

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 5 stocks, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF ( KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng ( KRS).

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