3 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.

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%. 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%. 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%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. SLM ( SLM) is one of the companies pushing the Financial Services industry lower today. As of noon trading, SLM is down $0.33 (-1.3%) to $25.46 on heavy volume. Thus far, 2.9 million shares of SLM exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $25.18-$25.80 after having opened the day at $25.73 as compared to the previous trading day's close of $25.79.

SLM Corporation, also known as Sallie Mae, originates, acquires, finances, and services private education loans in the United States. The company operates through three segments: Consumer Lending, Business Services, and FFELP Loans. SLM has a market cap of $11.5 billion and is part of the financial sector. The company has a P/E ratio of 8.4, below the S&P 500 P/E ratio of 17.7. Shares are up 53.8% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate SLM a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates SLM as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and attractive valuation levels. 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 SLM 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, Northern Trust Corporation ( NTRS) is down $0.37 (-0.7%) to $56.80 on light volume. Thus far, 441,359 shares of Northern Trust Corporation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $56.73-$57.49 after having opened the day at $57.29 as compared to the previous trading day's close of $57.17.

Northern Trust Corporation, through its subsidiaries, provides asset servicing, fund administration, asset management, fiduciary, and banking solutions worldwide. Northern Trust Corporation has a market cap of $13.9 billion and is part of the financial sector. The company has a P/E ratio of 19.6, above the S&P 500 P/E ratio of 17.7. Shares are up 16.2% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Northern Trust Corporation a buy, 4 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Northern Trust Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, reasonable valuation levels 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 Northern Trust Corporation 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, Capital One Financial ( COF) is down $0.63 (-0.9%) to $71.23 on light volume. Thus far, 1.0 million shares of Capital One Financial exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $71.20-$71.89 after having opened the day at $71.80 as compared to the previous trading day's close of $71.86.

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States. Capital One Financial has a market cap of $42.0 billion and is part of the financial sector. The company has a P/E ratio of 10.0, below the S&P 500 P/E ratio of 17.7. Shares are up 24.1% year to date as of the close of trading on Wednesday. Currently there are 17 analysts that rate Capital One Financial a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Capital One Financial as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations, increase in stock price during the past year 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 Capital One 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.

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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