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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 12 points (-0.1%) at 16,435 as of Friday, May 16, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,512 issues advancing vs. 1,401 declining with 184 unchanged.

The Financial sector currently is unchanged today versus the S&P 500, which is unchanged. A company within the sector that increased today was Bank of New York Mellon ( BK), up 0.8%. On the negative front, top decliners within the sector include Waddell & Reed Financial ( WDR), down 4.2%, Aegon ( AEG), down 2.4%, Mitsubishi UFJ Financial Group ( MTU), down 1.7%, CME Group ( CME), down 1.4% and Capital One Financial ( COF), down 1.0%.

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

3. Grupo Financiero Santander Mexico SAB de CV ( BSMX) is one of the companies pushing the Financial sector higher today. As of noon trading, Grupo Financiero Santander Mexico SAB de CV is up $0.19 (1.4%) to $13.46 on light volume. Thus far, 421,994 shares of Grupo Financiero Santander Mexico SAB de CV exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $13.30-$13.54 after having opened the day at $13.30 as compared to the previous trading day's close of $13.27.

Grupo Financiero Santander Mexico, S.A.B. de C.V. provides various banking services in Mexico. The company's deposit products include current accounts, savings accounts, and time deposits, as well as certificates of interbank deposit. Grupo Financiero Santander Mexico SAB de CV has a market cap of $18.2 billion and is part of the banking industry. Shares are down 2.7% year-to-date as of the close of trading on Thursday. Currently there are no analysts who rate Grupo Financiero Santander Mexico SAB de CV a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Grupo Financiero Santander Mexico SAB de CV as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself and deteriorating net income. Get the full Grupo Financiero Santander Mexico SAB de CV 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, Credit Suisse Group ( CS) is up $0.18 (0.6%) to $29.29 on average volume. Thus far, 590,195 shares of Credit Suisse Group exchanged hands as compared to its average daily volume of 903,000 shares. The stock has ranged in price between $29.02-$29.42 after having opened the day at $29.15 as compared to the previous trading day's close of $29.11.

Credit Suisse Group AG, together with its subsidiaries, provides various financial services to private, corporate, institutional, and government clients, as well as high-net-worth individuals worldwide. Credit Suisse Group has a market cap of $47.0 billion and is part of the banking industry. Shares are down 6.2% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who rate Credit Suisse Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Credit Suisse Group as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and weak operating cash flow. Get the full Credit Suisse 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, HDFC Bank ( HDB) is up $2.42 (5.6%) to $45.94 on heavy volume. Thus far, 1.6 million shares of HDFC Bank exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $44.70-$45.94 after having opened the day at $45.12 as compared to the previous trading day's close of $43.52.

HDFC Bank Limited, together with its subsidiaries, provides a range of financial products and services to individuals and businesses in India, as well as in Bahrain and Hong Kong. The company operates in four segments: Retail Banking, Wholesale Banking, Treasury, and Other Banking Operations. HDFC Bank has a market cap of $34.8 billion and is part of the banking industry. Shares are up 26.4% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate HDFC Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates HDFC Bank as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full HDFC Bank 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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