3 Financial Services Stocks Pushing Industry Growth

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.

One out of the three major indices are trading lower 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 Services industry currently sits up 0.3% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Greenhill ( GHL), up 8.4%, Fortress Investment Group ( FIG), up 4.0%, AllianceBernstein Holding L.P ( AB), up 4.0%, WisdomTree Investments ( WETF), up 3.5% and Nomura Holdings ( NMR), up 3.0%.

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

3. Capital One Financial ( COF) is one of the companies pushing the Financial Services industry higher today. As of noon trading, Capital One Financial is up $0.44 (0.6%) to $72.84 on light volume. Thus far, 662,805 shares of Capital One Financial exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $72.23-$73.10 after having opened the day at $72.46 as compared to the previous trading day's close of $72.40.

In the first quarter of 2012, COF completed the acquisition of the U.S. business of ING Direct, which added nearly $100 billion in assets to COF's balance sheet. The purchase significantly enhances the organization's deposit gathering capability. Capital One Financial has a market cap of $41.7 billion and is part of the financial sector. Shares are down 5.5% year-to-date as of the close of trading on Friday. Currently there are 16 analysts who rate Capital One Financial a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Capital One Financial as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Capital One Financial Ratings Report now.

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2. As of noon trading, IntercontinentalExchange Group ( ICE) is up $3.36 (1.6%) to $218.20 on light volume. Thus far, 291,413 shares of IntercontinentalExchange Group exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $214.85-$218.22 after having opened the day at $214.88 as compared to the previous trading day's close of $214.85.

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 $24.7 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 hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and generally higher debt management risk. 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.

1. As of noon trading, Goldman Sachs Group ( GS) is up $1.60 (1.0%) to $165.32 on average volume. Thus far, 1.5 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $163.72-$165.59 after having opened the day at $164.09 as compared to the previous trading day's close of $163.72.

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 $74.2 billion and is part of the financial sector. Shares are down 7.6% year-to-date as of the close of trading on Friday. Currently there are 3 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. 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 3 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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