5 Stocks Improving Performance Of The Financial Services Industry

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 14 points (0.1%) at 16,024 as of Friday, Nov. 22, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,437 issues advancing vs. 1,443 declining with 136 unchanged.

The Financial Services industry currently is unchanged today versus the S&P 500, which is up 0.2%. Top gainers within the industry include Fortress Investment Group ( FIG), up 7.1%, WisdomTree Investments ( WETF), up 5.4%, Orix Corporation ( IX), up 3.1%, NASDAQ OMX Group ( NDAQ), up 1.5% and MasterCard Incorporated ( MA), up 0.8%. On the negative front, top decliners within the industry include DFC Global ( DLLR), down 13.0%, Tile Shop Holdings ( TTS), down 12.2% and Nelnet ( NNI), down 3.3%.

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

5. Lazard ( LAZ) is one of the companies pushing the Financial Services industry higher today. As of noon trading, Lazard is up $0.57 (1.4%) to $42.56 on light volume. Thus far, 129,216 shares of Lazard exchanged hands as compared to its average daily volume of 540,200 shares. The stock has ranged in price between $41.76-$42.75 after having opened the day at $41.99 as compared to the previous trading day's close of $41.99.

Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm. Lazard has a market cap of $5.1 billion and is part of the financial sector. The company has a P/E ratio of 55.0, above the S&P 500 P/E ratio of 17.7. Shares are up 40.7% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Lazard a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Lazard as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, compelling growth in net income, 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 Lazard Ratings Report now.

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