Today's Stocks Driving Success For The Financial Sector

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 18 points (0.1%) at 16,551 as of Wednesday, April 2, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,684 issues advancing vs. 1,250 declining with 198 unchanged.

The Financial sector currently is unchanged today versus the S&P 500, which is up 0.2%. Top gainers within the sector include NASDAQ OMX Group ( NDAQ), up 2.7%, Orix Corporation ( IX), up 2.4%, Royal Bank of Scotland Group (The ( RBS), up 1.7%, Mitsubishi UFJ Financial Group ( MTU), up 1.4% and Nomura Holdings ( NMR), up 1.3%. On the negative front, top decliners within the sector include Icahn ( IEP), down 1.3%, CME Group ( CME), down 1.0% and Blackstone Group ( BX), down 0.8%.

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

3. Capital One Financial ( COF) is one of the companies pushing the Financial sector higher today. As of noon trading, Capital One Financial is up $0.48 (0.6%) to $77.26 on light volume. Thus far, 1.0 million 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 $76.55-$77.37 after having opened the day at $76.86 as compared to the previous trading day's close of $76.78.

Capital One Financial Corporation operates as the bank holding company for Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States, the United Kingdom, and Canada. Capital One Financial has a market cap of $44.2 billion and is part of the financial services industry. Shares are up 0.7% 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 weak operating cash flow. 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, BlackRock ( BLK) is up $2.48 (0.8%) to $319.37 on light volume. Thus far, 284,643 shares of BlackRock exchanged hands as compared to its average daily volume of 788,400 shares. The stock has ranged in price between $315.44-$321.46 after having opened the day at $317.01 as compared to the previous trading day's close of $316.89.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. BlackRock has a market cap of $52.7 billion and is part of the financial services industry. Shares are down 0.6% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate BlackRock a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates BlackRock as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full BlackRock 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, JPMorgan Chase ( JPM) is up $0.42 (0.7%) to $60.72 on light volume. Thus far, 6.8 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 19.8 million shares. The stock has ranged in price between $60.20-$60.77 after having opened the day at $60.37 as compared to the previous trading day's close of $60.29.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management. JPMorgan Chase has a market cap of $229.9 billion and is part of the banking industry. Shares are up 3.7% year-to-date as of the close of trading on Tuesday. 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 solid stock price performance, expanding profit margins and attractive valuation levels. 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.

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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