3 Stocks Pulling The Financial Services Industry Downward

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 71 points (0.4%) at 16,428 as of Thursday, Dec. 26, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,679 issues advancing vs. 1,241 declining with 183 unchanged.

The Financial Services industry currently sits up 0.2% versus the S&P 500, which is up 0.3%.

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

3. IntercontinentalExchange Group ( ICE) is one of the companies pushing the Financial Services industry lower today. As of noon trading, IntercontinentalExchange Group is down $1.65 (-0.7%) to $224.36 on light volume. Thus far, 121,939 shares of IntercontinentalExchange Group exchanged hands as compared to its average daily volume of 865,700 shares. The stock has ranged in price between $224.36-$227.07 after having opened the day at $226.23 as compared to the previous trading day's close of $226.01.

IntercontinentalExchange Group, Inc., through its subsidiaries, operates a network of regulated exchanges and clearing houses for financial and commodity markets primarily in the United States, the United Kingdom, Canada, Europe, and Brazil. IntercontinentalExchange Group has a market cap of $16.5 billion and is part of the financial sector. Currently there are 11 analysts that rate IntercontinentalExchange Group a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates IntercontinentalExchange Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full IntercontinentalExchange Group 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, BlackRock ( BLK) is down $2.21 (-0.7%) to $313.99 on light volume. Thus far, 135,528 shares of BlackRock exchanged hands as compared to its average daily volume of 636,600 shares. The stock has ranged in price between $313.18-$323.00 after having opened the day at $323.00 as compared to the previous trading day's close of $316.20.

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 $52.8 billion and is part of the financial sector. Shares are up 53.0% year to date as of the close of trading on Tuesday. Currently there are 5 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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. 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.

1. As of noon trading, Charles Schwab ( SCHW) is down $0.13 (-0.5%) to $25.58 on light volume. Thus far, 901,902 shares of Charles Schwab exchanged hands as compared to its average daily volume of 7.9 million shares. The stock has ranged in price between $25.57-$25.78 after having opened the day at $25.70 as compared to the previous trading day's close of $25.71.

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 $33.1 billion and is part of the financial sector. Shares are up 79.0% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Charles Schwab a buy, 2 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.

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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