3 Stocks Driving 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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 14 points (-0.1%) at 16,140 as of Tuesday, Feb. 18, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 2,063 issues advancing vs. 873 declining with 164 unchanged.

The Financial sector currently sits up 0.4% versus the S&P 500, which is up 0.2%. Top gainers within the sector include Royal Bank of Scotland Group (The ( RBS), up 4.8%, Mitsubishi UFJ Financial Group ( MTU), up 4.2%, KB Financial Group ( KB), up 4.2%, Woori Finance Holdings ( WF), up 3.4% and Nomura Holdings ( NMR), up 3.0%. On the negative front, top decliners within the sector include Ventas ( VTR), down 1.1%, and State Street ( STT), down 0.7%.

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

3. American International Group ( AIG) is one of the companies pushing the Financial sector higher today. As of noon trading, American International Group is up $0.66 (1.4%) to $49.64 on average volume. Thus far, 6.5 million shares of American International Group exchanged hands as compared to its average daily volume of 9.3 million shares. The stock has ranged in price between $49.00-$49.87 after having opened the day at $49.15 as compared to the previous trading day's close of $48.98.

American International Group, Inc. provides insurance products and services for the commercial, institutional, and individual customers in the United States and internationally. The company operates in two segments: AIG Property Casualty, and AIG Life and Retirement. American International Group has a market cap of $72.1 billion and is part of the insurance industry. Shares are down 4.0% year-to-date as of the close of trading on Friday. Currently there are 9 analysts who rate American International Group a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates American International Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that revenues have generally been declining. Get the full American International Group Ratings Report now.

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2. As of noon trading, JPMorgan Chase ( JPM) is up $0.39 (0.7%) to $58.54 on average volume. Thus far, 7.1 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 18.1 million shares. The stock has ranged in price between $57.90-$58.65 after having opened the day at $58.02 as compared to the previous trading day's close of $58.15.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. JPMorgan Chase has a market cap of $218.6 billion and is part of the banking industry. Shares are down 0.6% year-to-date as of the close of trading on Friday. Currently there are 17 analysts who rate JPMorgan Chase a buy, 1 analyst rates it a sell, and 5 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 attractive valuation levels, expanding profit margins and increase in stock price during the past year. 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.

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1. As of noon trading, Citigroup ( C) is up $0.25 (0.5%) to $49.77 on light volume. Thus far, 7.9 million shares of Citigroup exchanged hands as compared to its average daily volume of 25.4 million shares. The stock has ranged in price between $49.41-$49.91 after having opened the day at $49.54 as compared to the previous trading day's close of $49.52.

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 $150.2 billion and is part of the banking industry. Shares are down 5.0% year-to-date as of the close of trading on Friday. Currently there are 15 analysts who rate Citigroup a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels, increase in stock price during the past year and notable return on equity. 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.

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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