5 Stocks Pushing The Financial Services Industry 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 80 points (0.5%) at 15,453 as of Tuesday, Feb. 4, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 2,024 issues advancing vs. 894 declining with 170 unchanged.

The Financial Services industry currently sits up 0.4% versus the S&P 500, which is up 0.7%. Top gainers within the industry include Och-Ziff Capital Management Group ( OZM), up 8.5%, WisdomTree Investments ( WETF), up 6.7%, CBOE Holdings ( CBOE), up 4.1%, E*Trade Financial ( ETFC), up 3.4% and Waddell & Reed Financial ( WDR), up 3.3%.

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

5. BlackRock ( BLK) is one of the companies pushing the Financial Services industry higher today. As of noon trading, BlackRock is up $5.56 (1.9%) to $291.95 on average volume. Thus far, 336,996 shares of BlackRock exchanged hands as compared to its average daily volume of 628,600 shares. The stock has ranged in price between $286.28-$292.36 after having opened the day at $286.71 as compared to the previous trading day's close of $286.39.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. BlackRock has a market cap of $50.2 billion and is part of the financial sector. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7. Shares are down 9.5% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who rate BlackRock a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates BlackRock as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full BlackRock 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, IntercontinentalExchange Group ( ICE) is up $3.71 (1.8%) to $207.16 on light volume. Thus far, 338,808 shares of IntercontinentalExchange Group exchanged hands as compared to its average daily volume of 975,600 shares. The stock has ranged in price between $202.90-$207.20 after having opened the day at $203.12 as compared to the previous trading day's close of $203.45.

IntercontinentalExchange Group, Inc., through its subsidiaries, operates a network of regulated exchanges and clearing houses for financial and commodity markets primarily in the United States, the United Kingdom, Canada, Europe, and Brazil. IntercontinentalExchange Group has a market cap of $24.0 billion and is part of the financial sector. Currently there are 11 analysts who rate IntercontinentalExchange Group a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates IntercontinentalExchange Group 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, revenue growth, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full IntercontinentalExchange 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.

3. As of noon trading, American Express ( AXP) is up $1.61 (1.9%) to $84.47 on average volume. Thus far, 1.9 million shares of American Express exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $82.63-$84.59 after having opened the day at $83.19 as compared to the previous trading day's close of $82.86.

American Express Company provides charge and credit payment card products and travel-related services to customers worldwide. American Express has a market cap of $91.1 billion and is part of the financial sector. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7. Shares are down 8.7% year-to-date as of the close of trading on Monday. Currently there are 10 analysts who rate American Express a buy, 2 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates American Express as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. 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 American Express 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, Morgan Stanley ( MS) is up $0.30 (1.1%) to $29.26 on average volume. Thus far, 8.7 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 12.0 million shares. The stock has ranged in price between $28.82-$29.37 after having opened the day at $28.97 as compared to the previous trading day's close of $28.95.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. Morgan Stanley has a market cap of $57.6 billion and is part of the financial sector. 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 7.7% year-to-date as of the close of trading on Monday. Currently there are 9 analysts who rate Morgan Stanley a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Morgan Stanley as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and reasonable valuation levels. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. Get the full Morgan Stanley 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, Goldman Sachs Group ( GS) is up $1.85 (1.2%) to $161.67 on average volume. Thus far, 1.5 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $159.85-$162.58 after having opened the day at $160.90 as compared to the previous trading day's close of $159.82.

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 $74.4 billion and is part of the financial sector. The company has a P/E ratio of 10.6, below the S&P 500 P/E ratio of 17.7. Shares are down 9.8% year-to-date as of the close of trading on Monday. Currently there are 2 analysts who 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. Among the primary strengths of the company is its solid stock performance, considering both the consistency and magnitude of the price movement over time. We feel these strengths outweigh the fact that the company has had sub par growth in net income. 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 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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