5 Financial Stocks Moving The Sector Upward

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 147 points (1.0%) at 15,587 as of Thursday, Feb. 6, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 2,311 issues advancing vs. 626 declining with 152 unchanged.

The Financial sector currently sits up 0.6% versus the S&P 500, which is up 1.0%. Top gainers within the sector include Allstate ( ALL), up 2.9%, Icahn ( IEP), up 2.9%, HDFC Bank ( HDB), up 2.7%, Aegon ( AEG), up 2.5% and CME Group ( CME), up 2.4%. On the negative front, top decliners within the sector include Altisource Portfolio Solutions ( ASPS), down 10.0%, Prudential Financial ( PRU), down 3.4%, CBRE Group ( CBG), down 2.1% and Mitsubishi UFJ Financial Group ( MTU), down 0.8%.

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

5. U.S. Bancorp ( USB) is one of the companies pushing the Financial sector higher today. As of noon trading, U.S. Bancorp is up $0.22 (0.6%) to $39.34 on light volume. Thus far, 2.0 million shares of U.S. Bancorp exchanged hands as compared to its average daily volume of 8.3 million shares. The stock has ranged in price between $39.12-$39.39 after having opened the day at $39.23 as compared to the previous trading day's close of $39.11.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. Its services include lending and depository services, cash management, capital market, and trust and investment management services. U.S. Bancorp has a market cap of $71.4 billion and is part of the banking industry. Shares are down 3.2% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts who rate U.S. Bancorp a buy, 2 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates U.S. Bancorp 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 and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full U.S. Bancorp Ratings Report now.

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