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.

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, Hartford Financial Services Group ( HIG) is up $0.24 (0.7%) to $34.93 on light volume. Thus far, 828,765 shares of Hartford Financial Services Group exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $34.60-$34.94 after having opened the day at $34.61 as compared to the previous trading day's close of $34.69.

The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services to individual and business customers primarily in the United States and Japan. Hartford Financial Services Group has a market cap of $15.4 billion and is part of the insurance industry. Shares are down 4.2% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts who rate Hartford Financial Services Group a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Hartford Financial Services Group as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, solid stock price performance, largely solid financial position with reasonable debt levels by most measures, notable return on equity and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Hartford Financial Services 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, ACE ( ACE) is up $0.57 (0.6%) to $101.61 on light volume. Thus far, 511,321 shares of ACE exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $100.85-$101.90 after having opened the day at $101.04 as compared to the previous trading day's close of $101.04.

ACE Limited, through its subsidiaries, provides a range of insurance and reinsurance products to insureds worldwide. ACE has a market cap of $34.1 billion and is part of the insurance industry. Shares are down 2.4% year-to-date as of the close of trading on Tuesday. Currently there are 12 analysts who rate ACE a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates ACE 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, good cash flow from operations, increase in stock price during the past year and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full ACE 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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