5 Stocks Improving Performance Of The Financial Services Industry

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 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.

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, Apollo Global Management ( APO) is up $0.87 (3.0%) to $30.24 on average volume. Thus far, 445,227 shares of Apollo Global Management exchanged hands as compared to its average daily volume of 972,200 shares. The stock has ranged in price between $29.24-$30.36 after having opened the day at $29.54 as compared to the previous trading day's close of $29.37.

Apollo Global Management, LLC is a publicly owned investment manager. The firm primarily provides its services to pension and endowment funds, institutional investors, individual investors, pooled investment vehicles, and corporations. Apollo Global Management has a market cap of $4.1 billion and is part of the financial sector. The company has a P/E ratio of 6.8, below the S&P 500 P/E ratio of 17.7. Shares are up 69.2% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Apollo Global Management a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Apollo Global Management as a sell. The area that we feel has been the company's primary weakness has been its feeble growth in its earnings per share. Get the full Apollo Global Management 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, KKR ( KKR) is up $0.21 (0.9%) to $23.10 on light volume. Thus far, 433,231 shares of KKR exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $22.81-$23.12 after having opened the day at $22.88 as compared to the previous trading day's close of $22.89.

Kohlberg Kravis Roberts & Co. is a private equity investment firm specializing in acquisitions, leveraged buyouts, management buyouts, special situations, growth equity, mature, and middle market investments. KKR has a market cap of $6.5 billion and is part of the financial sector. The company has a P/E ratio of 13.0, below the S&P 500 P/E ratio of 17.7. Shares are up 50.3% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate KKR a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates KKR as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full KKR 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, Franklin Resources ( BEN) is up $0.44 (0.8%) to $54.96 on light volume. Thus far, 485,515 shares of Franklin Resources exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $54.60-$55.10 after having opened the day at $54.99 as compared to the previous trading day's close of $54.52.

Franklin Resources Inc. is a publicly owned asset management holding company. The firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It manages, through its subsidiary, separate client-focused equity, fixed income, and balanced portfolios. Franklin Resources has a market cap of $33.8 billion and is part of the financial sector. The company has a P/E ratio of 15.9, below the S&P 500 P/E ratio of 17.7. Shares are up 27.9% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Franklin Resources a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Franklin Resources as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, increase in stock price during the past year, growth in earnings per share and increase in net income. 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 Franklin Resources 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, State Street ( STT) is up $0.59 (0.8%) to $72.64 on light volume. Thus far, 642,962 shares of State Street exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $71.88-$72.73 after having opened the day at $72.26 as compared to the previous trading day's close of $72.05.

State Street Corporation, a financial holding company, provides investment servicing and investment management services to institutional investors worldwide. State Street has a market cap of $31.2 billion and is part of the financial sector. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are up 53.3% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate State Street a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates State Street as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full State Street 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 services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).

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