Today's Top Performers In Financial

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 178 points (-1.1%) at 16,019 as of Friday, Jan. 24, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 350 issues advancing vs. 2,655 declining with 116 unchanged.

The Financial sector currently sits down 1.0% versus the S&P 500, which is down 1.3%. On the negative front, top decliners within the sector include First Niagara Financial Group ( FNFG), down 10.0%, KKR ( KKR), down 5.4%, American Tower ( AMT), down 4.9%, Icahn ( IEP), down 4.8% and HDFC Bank ( HDB), down 4.1%.

TheStreet would like to highlight 3 stocks pushing the sector higher today:

3. Prosperity ( PB) is one of the companies pushing the Financial sector higher today. As of noon trading, Prosperity is up $4.04 (6.5%) to $65.94 on heavy volume. Thus far, 443,847 shares of Prosperity exchanged hands as compared to its average daily volume of 342,600 shares. The stock has ranged in price between $62.05-$66.90 after having opened the day at $62.05 as compared to the previous trading day's close of $61.90.

Prosperity Bancshares, Inc. operates as the holding company for Prosperity Bank that provides a range of financial products and services to small and medium-sized businesses, and consumers in Texas. Prosperity has a market cap of $4.1 billion and is part of the banking industry. The company has a P/E ratio of 17.8, equal to the S&P 500 P/E ratio of 17.7. Shares are down 2.4% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst who rates Prosperity a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Prosperity as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, solid stock price performance and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Prosperity 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, SVB Financial Group ( SIVB) is up $8.61 (7.8%) to $118.87 on heavy volume. Thus far, 360,108 shares of SVB Financial Group exchanged hands as compared to its average daily volume of 234,600 shares. The stock has ranged in price between $115.00-$121.92 after having opened the day at $115.00 as compared to the previous trading day's close of $110.26.

SVB Financial Group, a diversified financial services company, provides various banking and financial products and services. It operates in three segments: Global Commercial Bank, SVB Private Bank, and SVB Capital. SVB Financial Group has a market cap of $5.1 billion and is part of the banking industry. The company has a P/E ratio of 24.5, above the S&P 500 P/E ratio of 17.7. Shares are up 5.2% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts who rate SVB Financial Group a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates SVB Financial Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, expanding profit margins, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full SVB Financial 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.

1. As of noon trading, Discover Financial Services ( DFS) is up $2.30 (4.4%) to $54.70 on heavy volume. Thus far, 5.0 million shares of Discover Financial Services exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $53.75-$55.50 after having opened the day at $54.75 as compared to the previous trading day's close of $52.40.

Discover Financial Services, a bank holding company, provides direct banking and payment services in the United States. It operates in two segments, Direct Banking and Payment Services. Discover Financial Services has a market cap of $25.6 billion and is part of the financial services industry. The company has a P/E ratio of 12.0, below the S&P 500 P/E ratio of 17.7. Shares are down 6.3% year-to-date as of the close of trading on Thursday. Currently there are 12 analysts who rate Discover Financial Services a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Discover Financial Services as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Discover Financial Services 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 3 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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