5 Stocks Underperforming Today In 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%. 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%. 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%.

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

5. Raymond James Financial ( RJF) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Raymond James Financial is down $0.41 (-0.8%) to $47.79 on light volume. Thus far, 127,896 shares of Raymond James Financial exchanged hands as compared to its average daily volume of 793,600 shares. The stock has ranged in price between $47.78-$48.24 after having opened the day at $48.20 as compared to the previous trading day's close of $48.20.

Raymond James Financial, Inc., through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities in the United States, Canada, and Europe. Raymond James Financial has a market cap of $6.6 billion and is part of the financial sector. The company has a P/E ratio of 19.9, above the S&P 500 P/E ratio of 17.7. Shares are up 25.1% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Raymond James Financial a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Raymond James Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, increase in stock price during the past year and notable return on equity. 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 Raymond James Financial 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.

4. As of noon trading, Waddell & Reed Financial ( WDR) is down $0.96 (-1.5%) to $64.45 on heavy volume. Thus far, 548,262 shares of Waddell & Reed Financial exchanged hands as compared to its average daily volume of 649,600 shares. The stock has ranged in price between $63.70-$65.00 after having opened the day at $65.00 as compared to the previous trading day's close of $65.41.

Waddell & Reed Financial, Inc., through its subsidiaries, provides investment management, investment product underwriting and distribution, and shareholder services administration to mutual funds, and institutional and separately managed accounts in the United States. Waddell & Reed Financial has a market cap of $5.5 billion and is part of the financial sector. The company has a P/E ratio of 24.3, above the S&P 500 P/E ratio of 17.7. Shares are up 87.8% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Waddell & Reed Financial a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Waddell & Reed Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, solid stock price performance and impressive record of earnings per share growth. 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 Waddell & Reed Financial 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.

3. As of noon trading, Legg Mason ( LM) is down $0.31 (-0.8%) to $38.98 on light volume. Thus far, 283,106 shares of Legg Mason exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $38.98-$39.41 after having opened the day at $39.33 as compared to the previous trading day's close of $39.29.

Legg Mason, Inc. is a publicly owned asset management holding company. The firm through its subsidiaries provides investment management and related services to institutional and individual clients, company-sponsored mutual funds and other pooled investment vehicles. Legg Mason, Inc. Legg Mason has a market cap of $4.7 billion and is part of the financial sector. Shares are up 52.8% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Legg Mason a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Legg Mason as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Legg Mason 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, Capital One Financial ( COF) is down $0.43 (-0.6%) to $69.20 on light volume. Thus far, 1.0 million shares of Capital One Financial exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $69.04-$69.96 after having opened the day at $69.96 as compared to the previous trading day's close of $69.63.

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States. Capital One Financial has a market cap of $39.7 billion and is part of the financial sector. The company has a P/E ratio of 9.4, below the S&P 500 P/E ratio of 17.7. Shares are up 18.8% year to date as of the close of trading on Thursday. Currently there are 17 analysts that rate Capital One Financial a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Capital One Financial as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Capital One Financial 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, Charles Schwab ( SCHW) is down $0.25 (-1.0%) to $24.75 on light volume. Thus far, 2.7 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 9.2 million shares. The stock has ranged in price between $24.70-$25.00 after having opened the day at $24.92 as compared to the previous trading day's close of $25.00.

The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, money management, and financial advisory services to individuals and institutional clients. The company operates through two segments, Investor Services and Institutional Services. Charles Schwab has a market cap of $31.5 billion and is part of the financial sector. The company has a P/E ratio of 34.9, above the S&P 500 P/E ratio of 17.7. Shares are up 74.1% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Charles Schwab a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Charles Schwab as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Charles Schwab 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 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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