RJF, NDAQ And CME, 3 Financial Services Stocks Pushing The 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 60 points (0.4%) at 16,517 as of Tuesday, April 1, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,859 issues advancing vs. 1,154 declining with 141 unchanged.

The Financial Services industry currently sits up 0.1% versus the S&P 500, which is up 0.4%. Top gainers within the industry include Fortress Investment Group ( FIG), up 6.0%, BGC Partners ( BGCP), up 5.8%, Waddell & Reed Financial ( WDR), up 2.4%, E*Trade Financial ( ETFC), up 2.0% and Equifax ( EFX), up 2.0%.

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

3. Raymond James Financial ( RJF) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Raymond James Financial is down $0.61 (-1.1%) to $55.32 on average volume. Thus far, 579,537 shares of Raymond James Financial exchanged hands as compared to its average daily volume of 803,400 shares. The stock has ranged in price between $54.92-$56.32 after having opened the day at $56.27 as compared to the previous trading day's close of $55.93.

Raymond James Financial, Inc., a financial holding company, through its subsidiaries, is engaged in the underwriting, distribution, trading, and brokerage of equity and debt securities, as well as the sale of mutual funds and other investment products in the United States, Canada, and Europe. Raymond James Financial has a market cap of $7.7 billion and is part of the financial sector. Shares are up 7.2% year-to-date as of the close of trading on Monday. Currently there are 2 analysts that rate Raymond James Financial a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Raymond James Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Raymond James Financial 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, NASDAQ OMX Group ( NDAQ) is down $1.14 (-3.1%) to $35.80 on heavy volume. Thus far, 3.4 million shares of NASDAQ OMX Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $35.60-$37.31 after having opened the day at $37.31 as compared to the previous trading day's close of $36.94.

The NASDAQ OMX Group, Inc. delivers trading, clearing, exchange technology, regulatory, securities listing, and public company services worldwide. It operates in four segments: Market Services, Listing Services, Information Services, and Technology Solutions. NASDAQ OMX Group has a market cap of $6.2 billion and is part of the financial sector. Shares are down 7.2% year-to-date as of the close of trading on Monday. 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 revenue growth, increase in stock price during the past year, growth in earnings per share, increase in net income 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.

1. As of noon trading, CME Group ( CME) is down $1.02 (-1.4%) to $73.00 on average volume. Thus far, 1.4 million shares of CME Group exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $72.54-$75.00 after having opened the day at $74.42 as compared to the previous trading day's close of $74.02.

CME Group Inc., through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. CME Group has a market cap of $24.8 billion and is part of the financial sector. Shares are down 5.7% year-to-date as of the close of trading on Monday. Currently there are 7 analysts that rate CME Group a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates CME 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, revenue growth, reasonable valuation levels and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full CME 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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