5 Stocks Pushing 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 down 53 points (-0.3%) at 16,478 as of Wednesday, Jan. 8, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,242 issues advancing vs. 1,672 declining with 178 unchanged.

The Financial sector currently sits down 0.1% versus the S&P 500, which is unchanged. Top gainers within the sector include Royal Bank of Scotland Group (The ( RBS), up 2.8%, Nomura Holdings ( NMR), up 2.8%, Lloyds Banking Group ( LYG), up 2.5%, UBS ( UBS), up 2.3% and Deutsche Bank ( DB), up 2.2%. On the negative front, top decliners within the sector include Plum Creek Timber ( PCL), down 1.6%, Brookfield Asset Management ( BAM), down 1.6%, Weyerhaeuser ( WY), down 1.2%, IntercontinentalExchange Group ( ICE), down 1.1% and CME Group ( CME), down 1.0%.

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

5. MetLife ( MET) is one of the companies pushing the Financial sector higher today. As of noon trading, MetLife is up $0.65 (1.2%) to $54.02 on light volume. Thus far, 2.1 million shares of MetLife exchanged hands as compared to its average daily volume of 5.7 million shares. The stock has ranged in price between $53.52-$54.13 after having opened the day at $53.83 as compared to the previous trading day's close of $53.37.

MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs in the United States, Japan, Latin America, the Middle East, Asia, and Europe. MetLife has a market cap of $60.1 billion and is part of the insurance industry. The company has a P/E ratio of 24.2, above the S&P 500 P/E ratio of 17.7. Shares are down 1.0% year to date as of the close of trading on Tuesday. Currently there are 14 analysts that rate MetLife a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates MetLife as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, solid stock price performance, impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full MetLife 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.

4. As of noon trading, Wells Fargo ( WFC) is up $0.22 (0.5%) to $45.62 on average volume. Thus far, 7.7 million shares of Wells Fargo exchanged hands as compared to its average daily volume of 16.1 million shares. The stock has ranged in price between $45.35-$45.71 after having opened the day at $45.40 as compared to the previous trading day's close of $45.40.

Wells Fargo & Company provides retail, commercial, and corporate banking services. Wells Fargo has a market cap of $239.3 billion and is part of the banking industry. The company has a P/E ratio of 11.9, below the S&P 500 P/E ratio of 17.7. Shares are unchanged year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Wells Fargo a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Wells Fargo 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, expanding profit margins, good cash flow from operations and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Wells Fargo 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.

3. As of noon trading, JPMorgan Chase ( JPM) is up $0.43 (0.7%) to $58.75 on light volume. Thus far, 5.9 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 17.8 million shares. The stock has ranged in price between $58.30-$58.91 after having opened the day at $58.54 as compared to the previous trading day's close of $58.32.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $221.8 billion and is part of the banking industry. The company has a P/E ratio of 13.3, below the S&P 500 P/E ratio of 17.7. Shares are down 0.3% year to date as of the close of trading on Tuesday. Currently there are 16 analysts that rate JPMorgan Chase a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full JPMorgan Chase 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.

2. As of noon trading, Citigroup ( C) is up $0.62 (1.1%) to $54.80 on average volume. Thus far, 12.7 million shares of Citigroup exchanged hands as compared to its average daily volume of 21.6 million shares. The stock has ranged in price between $54.20-$55.00 after having opened the day at $54.29 as compared to the previous trading day's close of $54.18.

Citigroup, Inc., a diversified financial services holding company, provides a range of financial products and services to consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Citicorp and Citi Holdings. Citigroup has a market cap of $163.2 billion and is part of the banking industry. The company has a P/E ratio of 13.5, below the S&P 500 P/E ratio of 17.7. Shares are up 4.0% year to date as of the close of trading on Tuesday. Currently there are 14 analysts that rate Citigroup a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, attractive valuation levels, expanding profit margins and good cash flow from operations. 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 Citigroup 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.

1. As of noon trading, Bank of America Corporation ( BAC) is up $0.12 (0.7%) to $16.62 on average volume. Thus far, 44.0 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 93.4 million shares. The stock has ranged in price between $16.60-$16.69 after having opened the day at $16.67 as compared to the previous trading day's close of $16.50.

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. Bank of America Corporation has a market cap of $177.7 billion and is part of the banking industry. The company has a P/E ratio of 25.6, above the S&P 500 P/E ratio of 17.7. Shares are up 6.0% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Bank of America Corporation a buy, 2 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Bank of America Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, revenue growth, attractive valuation levels and expanding profit margins. 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 Bank of America Corporation 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 are interested in one of these 5 stocks, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

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