Financial Stocks On The Rise With Help From 3 Stocks

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 31 points (0.2%) at 16,439 as of Monday, April 21, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,695 issues advancing vs. 1,308 declining with 151 unchanged.

The Financial sector currently sits up 0.1% versus the S&P 500, which is up 0.2%. Top gainers within the sector include Zillow ( Z), up 7.3%, CoStar Group ( CSGP), up 3.1%, SunTrust Banks ( STI), up 1.8%, Orix Corporation ( IX), up 1.7% and Western Union Company ( WU), up 1.4%. On the negative front, top decliners within the sector include MoneyGram International ( MGI), down 14.5%, National Bank of Greece ( NBG), down 2.5%, Mitsubishi UFJ Financial Group ( MTU), down 1.8%, Nomura Holdings ( NMR), down 1.3% and Macerich Company ( MAC), down 1.1%.

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

3. Apollo Global Management ( APO) is one of the companies pushing the Financial sector higher today. As of noon trading, Apollo Global Management is up $0.89 (3.1%) to $29.20 on average volume. Thus far, 617,496 shares of Apollo Global Management exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $28.32-$29.35 after having opened the day at $28.40 as compared to the previous trading day's close of $28.31.

Apollo Global Management, LLC is a publicly owned investment manager. It primarily provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. The firm manages client focused portfolios. Apollo Global Management has a market cap of $4.2 billion and is part of the financial services industry. Shares are down 10.4% year-to-date as of the close of trading on Thursday. Currently there are 8 analysts who rate Apollo Global Management a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Apollo Global Management as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and feeble growth in the company's earnings per share. Get the full Apollo Global Management 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, NASDAQ OMX Group ( NDAQ) is up $0.56 (1.6%) to $35.57 on light volume. Thus far, 674,826 shares of NASDAQ OMX Group exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $34.85-$35.63 after having opened the day at $35.04 as compared to the previous trading day's close of $35.01.

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 $6.0 billion and is part of the financial services industry. Shares are down 12.0% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts who 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, solid stock price performance, 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.

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, KeyCorp ( KEY) is up $0.13 (1.0%) to $13.69 on light volume. Thus far, 3.7 million shares of KeyCorp exchanged hands as compared to its average daily volume of 12.0 million shares. The stock has ranged in price between $13.57-$13.78 after having opened the day at $13.59 as compared to the previous trading day's close of $13.56.

KeyCorp operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States. KeyCorp has a market cap of $11.9 billion and is part of the banking industry. Shares are up 1.0% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate KeyCorp a buy, 1 analyst rates it a sell, and 14 rate it a hold.

TheStreet Ratings rates KeyCorp as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, expanding profit margins, solid stock price performance and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full KeyCorp 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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