3 Financial Services Stocks Dragging The Industry Down

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 Services industry currently sits up 0.2% versus the S&P 500, which is down 0.1%. A company within the industry that fell today was Visa ( V), up 0.7%.

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

3. Blackstone Group ( BX) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Blackstone Group is down $0.26 (-0.8%) to $32.71 on light volume. Thus far, 1.6 million shares of Blackstone Group exchanged hands as compared to its average daily volume of 5.9 million shares. The stock has ranged in price between $32.66-$33.16 after having opened the day at $32.91 as compared to the previous trading day's close of $32.97.

The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. Blackstone Group has a market cap of $18.3 billion and is part of the financial sector. Shares are up 4.7% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Blackstone Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Blackstone Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Blackstone 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.

2. As of noon trading, Charles Schwab ( SCHW) is down $0.44 (-1.6%) to $27.02 on light volume. Thus far, 2.3 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 8.7 million shares. The stock has ranged in price between $26.94-$27.47 after having opened the day at $27.39 as compared to the previous trading day's close of $27.46.

The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, money management, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services. Charles Schwab has a market cap of $35.3 billion and is part of the financial sector. Shares are up 5.6% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Charles Schwab a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Charles Schwab as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Charles Schwab 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, MasterCard ( MA) is down $1.34 (-1.8%) to $73.19 on light volume. Thus far, 2.3 million shares of MasterCard exchanged hands as compared to its average daily volume of 7.1 million shares. The stock has ranged in price between $73.08-$74.50 after having opened the day at $74.33 as compared to the previous trading day's close of $74.53.

MasterCard Incorporated provides transaction processing and other payment-related services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related products and services. MasterCard has a market cap of $83.8 billion and is part of the financial sector. Shares are down 10.8% year-to-date as of the close of trading on Tuesday. Currently there are 19 analysts that rate MasterCard a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates MasterCard as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full MasterCard 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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