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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 4 points (0.0%) at 16,511 as of Wednesday, April 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,718 issues advancing vs. 1,280 declining with 133 unchanged.

The Financial sector currently is unchanged today versus the S&P 500, which is down 0.1%. Top gainers within the sector include Xoom ( XOOM), up 20.2%, Popular ( BPOP), up 5.7%, Equifax ( EFX), up 2.2%, Mitsubishi UFJ Financial Group ( MTU), up 1.6% and Travelers Companies ( TRV), up 1.4%. On the negative front, top decliners within the sector include TD Ameritrade ( AMTD), down 2.1%, MasterCard ( MA), down 1.8%, Charles Schwab ( SCHW), down 1.6%, National Bank of Greece ( NBG), down 1.6% and KB Financial Group ( KB), down 1.2%.

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

3. Everest Re Group ( RE) is one of the companies pushing the Financial sector higher today. As of noon trading, Everest Re Group is up $2.18 (1.4%) to $160.54 on average volume. Thus far, 197,466 shares of Everest Re Group exchanged hands as compared to its average daily volume of 417,100 shares. The stock has ranged in price between $157.77-$160.75 after having opened the day at $157.77 as compared to the previous trading day's close of $158.36.

Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products. It operates through the U.S. Reinsurance, Insurance, International, Bermuda, and Mt. Logan Re segments. The U.S. Everest Re Group has a market cap of $8.2 billion and is part of the insurance industry. Shares are up 1.6% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Everest Re Group a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Everest Re Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Everest Re Group Ratings Report now.

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