4 Financial Services Stocks Driving 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 27 points (-0.2%) at 15,858 as of Tuesday, Dec. 17, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 997 issues advancing vs. 1,953 declining with 153 unchanged.

The Financial Services industry currently sits down 0.2% versus the S&P 500, which is down 0.5%. On the negative front, top decliners within the industry include KKR ( KKR), down 2.8%, Financial Engines ( FNGN), down 2.6%, Nomura Holdings ( NMR), down 1.9%, Equifax ( EFX), down 1.7% and TD Ameritrade Holding Corporation ( AMTD), down 1.6%.

TheStreet would like to highlight 4 stocks pushing the industry higher today:

4. WisdomTree Investments ( WETF) is one of the companies pushing the Financial Services industry higher today. As of noon trading, WisdomTree Investments is up $0.57 (3.7%) to $16.04 on heavy volume. Thus far, 1.8 million shares of WisdomTree Investments exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $15.40-$16.19 after having opened the day at $15.82 as compared to the previous trading day's close of $15.47.

WisdomTree Investments, Inc., through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. WisdomTree Investments has a market cap of $2.0 billion and is part of the financial sector. The company has a P/E ratio of 52.2, above the S&P 500 P/E ratio of 17.7. Shares are up 152.8% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate WisdomTree Investments a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates WisdomTree Investments as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full WisdomTree Investments Ratings Report now.

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