3 Stocks Pushing The Financial Services Industry Lower

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 72 points (0.4%) at 16,112 as of Thursday, Feb. 20, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,810 issues advancing vs. 1,095 declining with 165 unchanged.

The Financial Services industry currently sits up 0.1% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the industry include MasterCard Incorporated ( MA), down 1.6%, Nomura Holdings ( NMR), down 1.4%, CBOE Holdings ( CBOE), down 1.2%, CME Group ( CME), down 0.9% and American Express ( AXP), down 0.7%. Top gainers within the industry include Credit Acceptance Corporation ( CACC), up 2.5%, Morgan Stanley ( MS), up 0.8%, CIT Group ( CIT), up 0.7% and Charles Schwab ( SCHW), up 0.7%.

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

3. Fortress Investment Group ( FIG) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Fortress Investment Group is down $0.24 (-2.8%) to $8.30 on heavy volume. Thus far, 1.1 million shares of Fortress Investment Group exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $8.22-$8.58 after having opened the day at $8.54 as compared to the previous trading day's close of $8.54.

Fortress Investment Group LLC is a publicly owned investment manager. Fortress Investment Group has a market cap of $2.1 billion and is part of the financial sector. Shares are up 1.5% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Fortress Investment Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Fortress Investment Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, good cash flow from operations, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Fortress Investment Group Ratings Report now.

STOCKS TO BUY: 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, Eaton Vance Corporation ( EV) is down $0.59 (-1.6%) to $36.75 on light volume. Thus far, 154,880 shares of Eaton Vance Corporation exchanged hands as compared to its average daily volume of 824,800 shares. The stock has ranged in price between $36.56-$37.42 after having opened the day at $37.31 as compared to the previous trading day's close of $37.34.

Eaton Vance Corp., through its subsidiaries, engages in the creation, marketing, and management of investment funds in the United States. It also provides investment management and counseling services to institutions and individuals. Eaton Vance Corporation has a market cap of $4.5 billion and is part of the financial sector. Shares are down 13.9% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Eaton Vance Corporation a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Eaton Vance Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Eaton Vance Corporation Ratings Report now.

STOCKS TO BUY: 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, NASDAQ OMX Group ( NDAQ) is down $0.32 (-0.8%) to $39.25 on light volume. Thus far, 262,949 shares of NASDAQ OMX Group exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $39.18-$39.64 after having opened the day at $39.42 as compared to the previous trading day's close of $39.57.

The NASDAQ OMX Group, Inc. delivers trading, clearing, exchange technology, regulatory, securities listing, and public company services worldwide. NASDAQ OMX Group has a market cap of $6.6 billion and is part of the financial sector. Shares are down 1.7% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts that rate NASDAQ OMX Group a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates NASDAQ OMX 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, increase in net income, revenue growth and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full NASDAQ OMX Group Ratings Report now.

STOCKS TO BUY: 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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