5 Stocks Raising The Financial Sector 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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 14 points (0.1%) at 16,456 as of Friday, Jan. 3, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,718 issues advancing vs. 1,181 declining with 172 unchanged.

The Financial sector currently sits up 0.1% versus the S&P 500, which is unchanged. Top gainers within the sector include Icahn ( IEP), up 4.1%, KKR ( KKR), up 2.7%, Credit Suisse Group ( CS), up 2.5%, State Street ( STT), up 1.9% and Blackstone Group ( BX), up 1.8%. On the negative front, top decliners within the sector include Shinhan Financial Group ( SHG), down 2.5%, KB Financial Group ( KB), down 2.5% and Woori Finance Holdings ( WF), down 2.4%.

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

5. Goldman Sachs Group ( GS) is one of the companies pushing the Financial sector higher today. As of noon trading, Goldman Sachs Group is up $0.90 (0.5%) to $177.80 on light volume. Thus far, 720,971 shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $176.22-$178.67 after having opened the day at $176.35 as compared to the previous trading day's close of $176.89.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Goldman Sachs Group has a market cap of $80.3 billion and is part of the financial services industry. Shares are down 0.2% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Goldman Sachs Group a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, expanding profit margins, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Goldman Sachs 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.

If you liked this article you might like

China's Banks Halt Business With North Korea Per United Nations Sanctions

Why Hurricanes Won't Force the Fed to Ditch a December Rate Hike

Fed Pares $4.5 Trillion Balance Sheet But Easy-Money Era Isn't Over

Bank Stocks Move Higher as Fed Decides to Start Unwinding Balance Sheet

Cramer: Goldman's Downgrade Of J&J Is 'Questionable'