3 Stocks Moving The Financial Services Industry Upward

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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 24 points (0.1%) at 16,720 as of Tuesday, May 13, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,382 issues advancing vs. 1,595 declining with 161 unchanged.

The Financial Services industry currently is unchanged today versus the S&P 500, which is unchanged. Top gainers within the industry include Greenhill ( GHL), up 3.1%, Nomura Holdings ( NMR), up 1.7% and Orix ( IX), up 1.1%. On the negative front, top decliners within the industry include Financial Engines ( FNGN), down 4.2%, Virtus Investment Partners ( VRTS), down 2.8%, Stifel Financial ( SF), down 2.1%, TD Ameritrade ( AMTD), down 1.3% and Waddell & Reed Financial ( WDR), down 1.3%.

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

3. KKR ( KKR) is one of the companies pushing the Financial Services industry higher today. As of noon trading, KKR is up $0.48 (2.1%) to $23.42 on heavy volume. Thus far, 2.1 million shares of KKR exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $23.01-$23.53 after having opened the day at $23.25 as compared to the previous trading day's close of $22.95.

Kohlberg Kravis Roberts & Co. is a private equity investment firm specializing in acquisitions, leveraged buyouts, management buyouts, special situations, growth equity, mature, distressed, and middle market investments. KKR has a market cap of $6.4 billion and is part of the financial sector. Shares are down 5.7% year-to-date as of the close of trading on Monday. Currently there are 9 analysts who rate KKR a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates KKR as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, expanding profit margins and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full KKR Ratings Report now.

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2. As of noon trading, Blackstone Group ( BX) is up $0.29 (1.0%) to $29.51 on average volume. Thus far, 3.3 million shares of Blackstone Group exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $29.27-$29.80 after having opened the day at $29.27 as compared to the previous trading day's close of $29.22.

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 $16.6 billion and is part of the financial sector. Shares are down 7.2% year-to-date as of the close of trading on Monday. Currently there are 8 analysts who 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, expanding profit margins, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Blackstone Group Ratings Report now.

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1. As of noon trading, Goldman Sachs Group ( GS) is up $0.90 (0.6%) to $160.45 on light volume. Thus far, 930,728 shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $159.13-$160.84 after having opened the day at $159.56 as compared to the previous trading day's close of $159.55.

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Goldman Sachs Group has a market cap of $70.7 billion and is part of the financial sector. Shares are down 10.0% year-to-date as of the close of trading on Monday. Currently there are 3 analysts who rate Goldman Sachs Group a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Goldman Sachs 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.

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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