5 Stocks Pushing The Financial Services 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 21 points (0.1%) at 16,093 as of Tuesday, Nov. 26, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,560 issues advancing vs. 1,331 declining with 131 unchanged.

The Financial Services industry currently is unchanged today versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include Eaton Vance Corporation ( EV), down 3.1%, IntercontinentalExchange Group ( ICE), down 0.7% and CME Group ( CME), down 0.7%. Top gainers within the industry include Tile Shop Holdings ( TTS), up 8.6%, WisdomTree Investments ( WETF), up 3.0%, Ameriprise Financial ( AMP), up 1.3%, State Street ( STT), up 1.2% and KKR ( KKR), up 1.1%.

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

5. Total System Services ( TSS) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Total System Services is down $0.29 (-0.9%) to $31.08 on light volume. Thus far, 361,427 shares of Total System Services exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $31.08-$31.46 after having opened the day at $31.41 as compared to the previous trading day's close of $31.37.

Total System Services, Inc. provides payment processing and other services to card-issuing and merchant acquiring institutions in the United States and internationally. It operates through three segments: North America Services, International Services, and Merchant Services. Total System Services has a market cap of $5.9 billion and is part of the financial sector. The company has a P/E ratio of 24.8, above the S&P 500 P/E ratio of 17.7. Shares are up 46.1% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Total System Services a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Total System Services 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 growth in earnings per share. 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 Total System Services 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, Raymond James Financial ( RJF) is down $0.43 (-0.9%) to $48.21 on light volume. Thus far, 166,190 shares of Raymond James Financial exchanged hands as compared to its average daily volume of 793,100 shares. The stock has ranged in price between $48.11-$48.70 after having opened the day at $48.55 as compared to the previous trading day's close of $48.64.

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 $6.7 billion and is part of the financial sector. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7. Shares are up 25.2% year to date as of the close of trading on Monday. 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, notable return on equity, increase in stock price during the past year, compelling growth in net income 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 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.

3. As of noon trading, NASDAQ OMX Group ( NDAQ) is down $0.23 (-0.6%) to $39.07 on light volume. Thus far, 218,997 shares of NASDAQ OMX Group exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $39.01-$39.42 after having opened the day at $39.26 as compared to the previous trading day's close of $39.30.

The NASDAQ OMX Group, Inc. delivers trading, clearing, exchange technology, regulatory, securities listing, and public company services worldwide. NASDAQ OMX Group has a market cap of $6.6 billion and is part of the financial sector. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7. Shares are up 58.5% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate NASDAQ OMX Group a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates NASDAQ OMX Group 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 largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full NASDAQ OMX 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, CIT Group ( CIT) is down $0.25 (-0.5%) to $49.65 on average volume. Thus far, 506,391 shares of CIT Group exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $49.54-$50.11 after having opened the day at $50.01 as compared to the previous trading day's close of $49.90.

CIT Group Inc. operates as the holding company for CIT bank that provides commercial financing and leasing products, as well as deposit products and savings accounts. CIT Group has a market cap of $10.0 billion and is part of the financial sector. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 17.7. Shares are up 29.4% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate CIT Group a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates CIT Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full CIT 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.

1. As of noon trading, Affiliated Managers Group ( AMG) is down $1.09 (-0.5%) to $199.80 on light volume. Thus far, 54,097 shares of Affiliated Managers Group exchanged hands as compared to its average daily volume of 388,400 shares. The stock has ranged in price between $198.47-$201.87 after having opened the day at $200.74 as compared to the previous trading day's close of $200.89.

Affiliated Managers Group, Inc., through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. It provides advisory or subadvisory services to mutual funds. Affiliated Managers Group has a market cap of $10.7 billion and is part of the financial sector. The company has a P/E ratio of 138.7, above the S&P 500 P/E ratio of 17.7. Shares are up 54.5% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Affiliated Managers Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Affiliated Managers Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, compelling growth in net income, notable return on equity and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Affiliated Managers 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.

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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