3 Stocks Boosting The Financial Sector Higher

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 77 points (-0.5%) at 16,767 as of Thursday, June 12, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,294 issues advancing vs. 1,659 declining with 161 unchanged.

The Financial sector currently sits down 0.1% versus the S&P 500, which is down 0.3%. Top gainers within the sector include Nomura Holdings ( NMR), up 2.8%, National Bank of Greece ( NBG), up 2.5%, HDFC Bank ( HDB), up 2.4%, Mitsubishi UFJ Financial Group ( MTU), up 1.9% and Banco Santander Chile ( BSAC), up 0.9%. On the negative front, top decliners within the sector include Blackstone Group ( BX), down 2.0%, Aegon ( AEG), down 1.2%, UBS ( UBS), down 1.2%, Host Hotels & Resorts ( HST), down 1.0% and BB&T ( BBT), down 0.8%.

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

3. Northern ( NTRS) is one of the companies pushing the Financial sector higher today. As of noon trading, Northern is up $0.41 (0.7%) to $62.47 on light volume. Thus far, 390,363 shares of Northern exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $61.79-$62.62 after having opened the day at $62.15 as compared to the previous trading day's close of $62.06.

Northern Trust Corporation, through its subsidiaries, provides investment management, asset and fund administration, banking solutions, and fiduciary services for corporations, institutions, and affluent individuals worldwide. Northern has a market cap of $14.8 billion and is part of the financial services industry. Shares are up 0.3% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts who rate Northern a buy, 4 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Northern as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, reasonable valuation levels, good cash flow from operations and expanding profit margins. 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 Northern 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, CME Group ( CME) is up $0.58 (0.8%) to $71.04 on light volume. Thus far, 608,520 shares of CME Group exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $70.14-$71.17 after having opened the day at $70.38 as compared to the previous trading day's close of $70.46.

CME Group Inc., through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. CME Group has a market cap of $23.5 billion and is part of the financial services industry. Shares are down 10.2% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate CME Group a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates CME Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, reasonable valuation levels, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full CME 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, Goldman Sachs Group ( GS) is up $1.09 (0.7%) to $166.52 on light volume. Thus far, 976,794 shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $165.02-$166.55 after having opened the day at $165.76 as compared to the previous trading day's close of $165.43.

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 $74.4 billion and is part of the financial services industry. Shares are down 6.7% year-to-date as of the close of trading on Wednesday. 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, expanding profit margins, good cash flow from operations 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 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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