5 Stocks Advancing The Financial Sector

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 22 points (-0.1%) at 16,065 as of Monday, Dec. 2, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,030 issues advancing vs. 1,883 declining with 116 unchanged.

The Financial sector currently sits down 0.3% versus the S&P 500, which is unchanged. Top gainers within the sector include Genworth Financial ( GNW), up 3.2%, NASDAQ OMX Group ( NDAQ), up 3.2%, Charles Schwab ( SCHW), up 2.5%, Blackstone Group ( BX), up 2.3% and Regions Financial Corporation ( RF), up 2.1%. On the negative front, top decliners within the sector include Zillow ( Z), down 5.5%, Digital Realty ( DLR), down 2.9%, American Capital Agency ( AGNC), down 1.9%, Annaly Capital Management ( NLY), down 1.7% and Weyerhaeuser ( WY), down 1.5%.

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

5. American Express ( AXP) is one of the companies pushing the Financial sector higher today. As of noon trading, American Express is up $0.55 (0.6%) to $86.35 on light volume. Thus far, 1.1 million shares of American Express exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $85.82-$86.49 after having opened the day at $86.02 as compared to the previous trading day's close of $85.80.

American Express Company provides charge and credit payment card products and travel-related services to customers worldwide. American Express has a market cap of $91.7 billion and is part of the financial services industry. The company has a P/E ratio of 20.1, above the S&P 500 P/E ratio of 17.7. Shares are up 49.3% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate American Express a buy, 2 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates American Express 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, increase in net income and notable return on equity. 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 American Express 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, Morgan Stanley ( MS) is up $0.42 (1.3%) to $31.72 on light volume. Thus far, 3.1 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 13.2 million shares. The stock has ranged in price between $31.29-$31.76 after having opened the day at $31.58 as compared to the previous trading day's close of $31.30.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. Morgan Stanley has a market cap of $61.3 billion and is part of the financial services industry. The company has a P/E ratio of 18.5, above the S&P 500 P/E ratio of 17.7. Shares are up 63.7% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate Morgan Stanley a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Morgan Stanley as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, attractive valuation levels 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 Morgan Stanley 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, Wells Fargo ( WFC) is up $0.33 (0.8%) to $44.35 on average volume. Thus far, 7.8 million shares of Wells Fargo exchanged hands as compared to its average daily volume of 17.7 million shares. The stock has ranged in price between $44.09-$44.48 after having opened the day at $44.11 as compared to the previous trading day's close of $44.02.

Wells Fargo & Company provides retail, commercial, and corporate banking services. Wells Fargo has a market cap of $233.2 billion and is part of the banking industry. The company has a P/E ratio of 11.7, below the S&P 500 P/E ratio of 17.7. Shares are up 29.5% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Wells Fargo a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Wells Fargo as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, expanding profit margins, good cash flow from operations and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Wells Fargo 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, JPMorgan Chase ( JPM) is up $0.31 (0.5%) to $57.53 on light volume. Thus far, 4.5 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 20.6 million shares. The stock has ranged in price between $57.09-$57.75 after having opened the day at $57.10 as compared to the previous trading day's close of $57.22.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $216.1 billion and is part of the banking industry. The company has a P/E ratio of 12.9, below the S&P 500 P/E ratio of 17.7. Shares are up 30.7% year to date as of the close of trading on Friday. Currently there are 17 analysts that rate JPMorgan Chase a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full JPMorgan Chase 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, Bank of America Corporation ( BAC) is up $0.12 (0.8%) to $15.94 on average volume. Thus far, 36.5 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 93.2 million shares. The stock has ranged in price between $15.83-$15.97 after having opened the day at $15.84 as compared to the previous trading day's close of $15.82.

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. Bank of America Corporation has a market cap of $168.8 billion and is part of the banking industry. The company has a P/E ratio of 24.4, above the S&P 500 P/E ratio of 17.7. Shares are up 36.4% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Bank of America Corporation a buy, 2 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Bank of America Corporation 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 revenue growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and weak operating cash flow. Get the full Bank of America Corporation 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 sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).
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