5 Financial Services Stocks Pushing The Industry Higher

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 34 points (-0.2%) at 15,991 as of Tuesday, Dec. 10, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,256 issues advancing vs. 1,637 declining with 176 unchanged.

The Financial Services industry currently is unchanged today versus the S&P 500, which is down 0.2%. Top gainers within the industry include Orix Corporation ( IX), up 1.9%, KKR ( KKR), up 1.3% and MasterCard Incorporated ( MA), up 0.7%. On the negative front, top decliners within the industry include Franklin Resources ( BEN), down 1.9%, CME Group ( CME), down 1.8%, Waddell & Reed Financial ( WDR), down 1.1%, Nomura Holdings ( NMR), down 1.0% and SEI Investments Company ( SEIC), down 1.0%.

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

5. E*Trade Financial ( ETFC) is one of the companies pushing the Financial Services industry higher today. As of noon trading, E*Trade Financial is up $0.36 (1.9%) to $18.56 on average volume. Thus far, 2.0 million shares of E*Trade Financial exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $18.20-$18.64 after having opened the day at $18.23 as compared to the previous trading day's close of $18.21.

E*TRADE Financial Corporation, a financial services company, provides online brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand in the United States. E*Trade Financial has a market cap of $5.2 billion and is part of the financial sector. Shares are up 103.5% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate E*Trade Financial a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates E*Trade Financial as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and expanding profit margins. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full E*Trade Financial 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, Western Union Company ( WU) is up $0.11 (0.7%) to $16.82 on light volume. Thus far, 1.6 million shares of Western Union Company exchanged hands as compared to its average daily volume of 7.5 million shares. The stock has ranged in price between $16.69-$16.92 after having opened the day at $16.69 as compared to the previous trading day's close of $16.71.

The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers cash money transfer services involving walk-in agent locations. Western Union Company has a market cap of $9.3 billion and is part of the financial sector. The company has a P/E ratio of 11.1, below the S&P 500 P/E ratio of 17.7. Shares are up 22.8% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Western Union Company a buy, 3 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Western Union Company as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Western Union Company 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, Blackstone Group ( BX) is up $0.39 (1.4%) to $28.90 on light volume. Thus far, 1.0 million shares of Blackstone Group exchanged hands as compared to its average daily volume of 4.9 million shares. The stock has ranged in price between $28.50-$28.99 after having opened the day at $28.50 as compared to the previous trading day's close of $28.51.

The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. Blackstone Group has a market cap of $15.9 billion and is part of the financial sector. The company has a P/E ratio of 25.0, above the S&P 500 P/E ratio of 17.7. Shares are up 82.9% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Blackstone Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Blackstone Group as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations, expanding profit margins 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 Blackstone Group 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, Morgan Stanley ( MS) is up $0.37 (1.2%) to $30.76 on average volume. Thus far, 6.3 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 13.1 million shares. The stock has ranged in price between $30.37-$31.04 after having opened the day at $30.49 as compared to the previous trading day's close of $30.39.

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 $59.4 billion and is part of the financial sector. The company has a P/E ratio of 17.9, above the S&P 500 P/E ratio of 17.7. Shares are up 58.9% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Morgan Stanley a buy, 1 analyst rates it a sell, and 7 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.

1. As of noon trading, Goldman Sachs Group ( GS) is up $2.20 (1.3%) to $169.87 on average volume. Thus far, 2.2 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 3.4 million shares. The stock has ranged in price between $167.52-$172.20 after having opened the day at $167.99 as compared to the previous trading day's close of $167.67.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Goldman Sachs Group has a market cap of $75.8 billion and is part of the financial sector. The company has a P/E ratio of 10.2, below the S&P 500 P/E ratio of 17.7. Shares are up 31.4% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Goldman Sachs Group a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, expanding profit margins, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Goldman Sachs Group 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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