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.

If you liked this article you might like

14 Bank Stocks That Will Either Surge or Do Nothing

Northern Trust Hits New Highs, New Resistance

The S&P 500 Companies With the Most Diverse Boards

Here's Why This Rally Is Sustainable: Cramer's 'Mad Money' Recap (Tuesday 1/24/17)

Chesapeake Energy, Comcast, Citigroup: 'Mad Money' Lightning Round