5 Stocks Pushing The Financial Services Industry Lower

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%. 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%. Top gainers within the industry include Orix Corporation ( IX), up 1.9%, KKR ( KKR), up 1.3% and MasterCard Incorporated ( MA), up 0.7%.

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

5. Invesco ( IVZ) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Invesco is down $0.25 (-0.7%) to $35.42 on light volume. Thus far, 669,533 shares of Invesco exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $35.33-$35.66 after having opened the day at $35.51 as compared to the previous trading day's close of $35.67.

Invesco Ltd. is a publicly owned investment manager. It primarily provides its services to institutional clients including major public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, and financial institutions. Invesco has a market cap of $15.7 billion and is part of the financial sector. The company has a P/E ratio of 19.4, above the S&P 500 P/E ratio of 17.7. Shares are up 36.7% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Invesco a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Invesco as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, reasonable valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Invesco 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, State Street ( STT) is down $0.47 (-0.7%) to $71.35 on light volume. Thus far, 558,716 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 $71.29-$72.01 after having opened the day at $71.55 as compared to the previous trading day's close of $71.82.

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 $31.3 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 52.8% year to date as of the close of trading on Monday. 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.

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, BlackRock ( BLK) is down $3.38 (-1.1%) to $299.33 on light volume. Thus far, 143,494 shares of BlackRock exchanged hands as compared to its average daily volume of 644,800 shares. The stock has ranged in price between $298.55-$302.62 after having opened the day at $300.30 as compared to the previous trading day's close of $302.71.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. BlackRock has a market cap of $50.4 billion and is part of the financial sector. The company has a P/E ratio of 18.9, above the S&P 500 P/E ratio of 17.7. Shares are up 46.0% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate BlackRock a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates BlackRock as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, reasonable valuation levels and expanding profit margins. 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 BlackRock 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, Charles Schwab ( SCHW) is down $0.31 (-1.2%) to $24.73 on light volume. Thus far, 2.0 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 8.7 million shares. The stock has ranged in price between $24.68-$24.97 after having opened the day at $24.91 as compared to the previous trading day's close of $25.04.

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 $32.0 billion and is part of the financial sector. The company has a P/E ratio of 35.5, above the S&P 500 P/E ratio of 17.7. Shares are up 74.4% year to date as of the close of trading on Monday. 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.

1. As of noon trading, Visa ( V) is down $1.32 (-0.7%) to $200.27 on average volume. Thus far, 1.5 million shares of Visa exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $199.87-$201.69 after having opened the day at $200.78 as compared to the previous trading day's close of $201.59.

Visa Inc., a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. Visa has a market cap of $102.3 billion and is part of the financial sector. The company has a P/E ratio of 26.6, above the S&P 500 P/E ratio of 17.7. Shares are up 33.0% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate Visa a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Visa as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations 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 Visa 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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