3 Stocks Underperforming Today In 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 29 points (-0.2%) at 16,714 as of Tuesday, June 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,066 issues advancing vs. 1,889 declining with 193 unchanged.

The Financial sector currently sits down 0.2% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include MarketAxess Holdings ( MKTX), down 5.5%, CBOE Holdings ( CBOE), down 3.9%, E*Trade Financial ( ETFC), down 2.9%, Fidelity National Financial ( FNF), down 1.7% and National Bank of Greece ( NBG), down 1.7%. Top gainers within the sector include Popular ( BPOP), up 3.3%, Fifth Third Bancorp ( FITB), up 1.8%, Woori Finance Holdings ( WF), up 1.5%, Manulife Financial Corporation ( MFC), up 1.3% and Banco De Chile ( BCH), up 1.2%.

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

3. ACE ( ACE) is one of the companies pushing the Financial sector lower today. As of noon trading, ACE is down $0.60 (-0.6%) to $102.94 on light volume. Thus far, 268,575 shares of ACE exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $102.66-$103.56 after having opened the day at $103.42 as compared to the previous trading day's close of $103.54.

ACE Limited, through its subsidiaries, provides a range of insurance and reinsurance products to insureds worldwide. ACE has a market cap of $35.0 billion and is part of the insurance industry. Shares are up 0.0% year-to-date as of the close of trading on Monday. Currently there are 12 analysts that 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. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full ACE 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 $0.31 (-1.2%) to $25.06 on light volume. Thus far, 2.9 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 8.3 million shares. The stock has ranged in price between $24.97-$25.37 after having opened the day at $25.27 as compared to the previous trading day's close of $25.37.

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 $32.8 billion and is part of the financial services industry. Shares are down 2.4% year-to-date as of the close of trading on Monday. 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, expanding profit margins 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 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, Travelers Companies ( TRV) is down $0.51 (-0.5%) to $93.20 on average volume. Thus far, 1.1 million shares of Travelers Companies exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $92.87-$93.45 after having opened the day at $93.08 as compared to the previous trading day's close of $93.71.

The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States. Travelers Companies has a market cap of $32.5 billion and is part of the insurance industry. Shares are up 3.5% year-to-date as of the close of trading on Monday. Currently there are 10 analysts that rate Travelers Companies a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Travelers Companies 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, increase in stock price during the past year and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Travelers Companies 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 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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