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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 111 points (0.7%) at 16,536 as of Tuesday, Jan. 7, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 2,084 issues advancing vs. 856 declining with 147 unchanged.

The Financial Services industry currently sits up 0.3% versus the S&P 500, which is up 0.6%. A company within the industry that fell today was Blackstone Group ( BX), up 0.6%. Top gainers within the industry include WisdomTree Investments ( WETF), up 3.5%, CapitalSource ( CSE), up 3.3%, Stifel Financial ( SF), up 2.4%, Western Union Company ( WU), up 2.2% and Waddell & Reed Financial ( WDR), up 2.1%.

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

3. Noah Holdings ( NOAH) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Noah Holdings is down $1.19 (-7.0%) to $15.80 on heavy volume. Thus far, 702,063 shares of Noah Holdings exchanged hands as compared to its average daily volume of 757,200 shares. The stock has ranged in price between $15.66-$17.08 after having opened the day at $17.08 as compared to the previous trading day's close of $16.99.

Noah Holdings Limited, through its subsidiaries, operates as a wealth management service provider with focus on distributing wealth management products in the People's Republic of China. Noah Holdings has a market cap of $970.1 million and is part of the financial sector. The company has a P/E ratio of 43.1, above the S&P 500 P/E ratio of 17.7. Shares are down 5.6% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Noah Holdings a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Noah Holdings as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, compelling growth in net income, impressive record of earnings per share growth and expanding profit margins. 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 Noah Holdings 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, SLM ( SLM) is down $0.15 (-0.6%) to $25.99 on light volume. Thus far, 641,730 shares of SLM exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $25.95-$26.21 after having opened the day at $26.04 as compared to the previous trading day's close of $26.14.

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 down 0.5% year to date as of the close of trading on Monday. 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.

1. As of noon trading, Bank of New York Mellon ( BK) is down $0.20 (-0.6%) to $34.76 on average volume. Thus far, 2.0 million shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $34.69-$35.17 after having opened the day at $35.09 as compared to the previous trading day's close of $34.95.

The Bank of New York Mellon Corporation provides various financial products and services worldwide. It operates through Investment Management, Investment Services, and Other segments. Bank of New York Mellon has a market cap of $40.2 billion and is part of the financial sector. The company has a P/E ratio of 19.2, above the S&P 500 P/E ratio of 17.7. Shares are up 0.0% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Bank of New York Mellon a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Bank of New York Mellon as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, expanding profit margins, 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 Bank of New York Mellon 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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