3 Stocks Raising 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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 29 points (-0.2%) at 16,367 as of Wednesday, March 5, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,229 issues advancing vs. 1,681 declining with 174 unchanged.

The Financial Services industry currently is unchanged today versus the S&P 500, which is unchanged. Top gainers within the industry include Credit Acceptance Corporation ( CACC), up 3.1%, Apollo Global Management ( APO), up 2.4%, Lazard ( LAZ), up 0.8% and Western Union Company ( WU), up 1.0%. On the negative front, top decliners within the industry include Visa ( V), down 1.0%, and Nomura Holdings ( NMR), down 1.0%.

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 $0.62 (0.8%) to $74.29 on light volume. Thus far, 591,913 shares of Capital One Financial exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $73.31-$74.33 after having opened the day at $73.65 as compared to the previous trading day's close of $73.67.

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States. Capital One Financial has a market cap of $41.4 billion and is part of the financial sector. Shares are down 5.7% year-to-date as of the close of trading on Tuesday. 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.

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 $0.65 (2.1%) to $31.75 on average volume. Thus far, 5.9 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 13.0 million shares. The stock has ranged in price between $30.87-$31.84 after having opened the day at $31.11 as compared to the previous trading day's close of $31.10.

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 $59.8 billion and is part of the financial sector. Shares are down 3.5% year-to-date as of the close of trading on Tuesday. 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 revenue growth, solid stock price performance and notable return on equity. 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 $2.94 (1.7%) to $171.67 on heavy volume. Thus far, 2.4 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $168.25-$172.90 after having opened the day at $168.81 as compared to the previous trading day's close of $168.73.

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 $74.6 billion and is part of the financial sector. Shares are down 7.1% year-to-date as of the close of trading on Tuesday. 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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