5 Financial Services Stocks Nudging 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 81 points (-0.5%) at 15,762 as of Thursday, Dec. 12, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,157 issues advancing vs. 1,771 declining with 147 unchanged.

The Financial Services industry currently sits down 0.2% versus the S&P 500, which is down 0.2%. Top gainers within the industry include Financial Engines ( FNGN), up 3.3%, WisdomTree Investments ( WETF), up 2.3%, CME Group ( CME), up 1.1%, Morgan Stanley ( MS), up 0.9% and Western Union Company ( WU), up 0.8%. On the negative front, top decliners within the industry include Orix Corporation ( IX), down 0.9%, Visa ( V), down 0.9%, Blackstone Group ( BX), down 0.7% and MasterCard Incorporated ( MA), down 0.6%.

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

5. CBOE Holdings ( CBOE) is one of the companies pushing the Financial Services industry higher today. As of noon trading, CBOE Holdings is up $1.03 (2.0%) to $51.76 on average volume. Thus far, 313,932 shares of CBOE Holdings exchanged hands as compared to its average daily volume of 528,300 shares. The stock has ranged in price between $50.72-$52.29 after having opened the day at $50.93 as compared to the previous trading day's close of $50.73.

CBOE Holdings, Inc., through its subsidiaries, operates markets for the trading of listed derivatives. CBOE Holdings has a market cap of $4.5 billion and is part of the financial sector. The company has a P/E ratio of 26.8, 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 Wednesday. Currently there are 3 analysts that rate CBOE Holdings a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates CBOE Holdings as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels 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 CBOE Holdings Ratings Report now.

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4. As of noon trading, CIT Group ( CIT) is up $0.34 (0.7%) to $49.79 on light volume. Thus far, 253,515 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 $49.48-$49.90 after having opened the day at $49.60 as compared to the previous trading day's close of $49.45.

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 13.3, below the S&P 500 P/E ratio of 17.7. Shares are up 28.9% year to date as of the close of trading on Wednesday. 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.

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, TD Ameritrade Holding Corporation ( AMTD) is up $0.17 (0.6%) to $29.28 on light volume. Thus far, 610,193 shares of TD Ameritrade Holding Corporation exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $29.15-$29.43 after having opened the day at $29.22 as compared to the previous trading day's close of $29.11.

TD Ameritrade Holding Corporation provides securities brokerage services and technology-based financial services to retail investors, traders, and independent registered investment advisors (RIAs) in the United States. TD Ameritrade Holding Corporation has a market cap of $16.0 billion and is part of the financial sector. The company has a P/E ratio of 23.8, above the S&P 500 P/E ratio of 17.7. Shares are up 73.0% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate TD Ameritrade Holding Corporation a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates TD Ameritrade Holding Corporation 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, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full TD Ameritrade Holding 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.

2. As of noon trading, Affiliated Managers Group ( AMG) is up $1.81 (0.9%) to $200.77 on light volume. Thus far, 70,567 shares of Affiliated Managers Group exchanged hands as compared to its average daily volume of 366,200 shares. The stock has ranged in price between $199.05-$201.86 after having opened the day at $199.57 as compared to the previous trading day's close of $198.96.

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 139.9, above the S&P 500 P/E ratio of 17.7. Shares are up 52.9% year to date as of the close of trading on Wednesday. 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, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. 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 Affiliated Managers 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.

1. As of noon trading, Ameriprise Financial ( AMP) is up $0.63 (0.6%) to $107.03 on light volume. Thus far, 290,156 shares of Ameriprise Financial exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $106.11-$107.21 after having opened the day at $106.25 as compared to the previous trading day's close of $106.40.

Ameriprise Financial, Inc., through its subsidiaries, provides a range of financial products and services in the United States and internationally. Ameriprise Financial has a market cap of $21.0 billion and is part of the financial sector. The company has a P/E ratio of 16.0, below the S&P 500 P/E ratio of 17.7. Shares are up 72.7% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Ameriprise Financial a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Ameriprise Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Ameriprise 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.

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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