5 Stocks Driving The Financial Sector Higher

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 54 points (-0.3%) at 16,409 as of Thursday, Jan. 9, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,224 issues advancing vs. 1,713 declining with 144 unchanged.

The Financial sector currently sits down 0.2% versus the S&P 500, which is down 0.2%. Top gainers within the sector include eHealth ( EHTH), up 18.0%, Commerce ( CBSH), up 2.3%, SunTrust Banks ( STI), up 1.5%, Aon plc ( AON), up 1.4% and Genworth Financial ( GNW), up 1.3%. On the negative front, top decliners within the sector include Credicorp ( BAP), down 1.8%, Banco Santander Chile ( BSAC), down 1.6%, HDFC Bank ( HDB), down 1.6%, Western Union Company ( WU), down 1.4% and American Express ( AXP), down 1.3%.

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

5. Arch Capital Group ( ACGL) is one of the companies pushing the Financial sector higher today. As of noon trading, Arch Capital Group is up $0.72 (1.3%) to $56.15 on average volume. Thus far, 222,430 shares of Arch Capital Group exchanged hands as compared to its average daily volume of 348,600 shares. The stock has ranged in price between $55.48-$56.18 after having opened the day at $55.64 as compared to the previous trading day's close of $55.43.

Arch Capital Group Ltd., through its subsidiaries, provides insurance and reinsurance solutions worldwide. It operates in two segments, Insurance and Reinsurance. Arch Capital Group has a market cap of $7.4 billion and is part of the insurance industry. The company has a P/E ratio of 13.9, below the S&P 500 P/E ratio of 17.7. Shares are down 7.1% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Arch Capital Group a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Arch Capital Group as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Arch Capital Group Ratings Report now.

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ACGL, BAP And TRV, 3 Financial Stocks Pushing The Sector Lower