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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 17 points (-0.1%) at 16,759 as of Monday, June 16, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,419 issues advancing vs. 1,541 declining with 179 unchanged.

The Financial sector currently sits down 0.2% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include KeyCorp ( KEY), down 1.2%, CME Group ( CME), down 1.2%, Bank of New York Mellon ( BK), down 1.1%, HDFC Bank ( HDB), down 1.1% and MasterCard ( MA), down 1.1%. Top gainers within the sector include Woori Finance Holdings ( WF), up 1.8%, Digital Realty ( DLR), up 1.8%, Affiliated Managers Group ( AMG), up 1.6% and Grupo Financiero Santander Mexico SAB de CV ( BSMX), up 1.5%.

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

3. BlackRock ( BLK) is one of the companies pushing the Financial sector lower today. As of noon trading, BlackRock is down $2.24 (-0.7%) to $307.21 on light volume. Thus far, 199,951 shares of BlackRock exchanged hands as compared to its average daily volume of 623,800 shares. The stock has ranged in price between $306.51-$309.99 after having opened the day at $308.45 as compared to the previous trading day's close of $309.45.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. BlackRock has a market cap of $51.9 billion and is part of the financial services industry. Shares are down 2.2% year-to-date as of the close of trading on Friday. Currently there are 8 analysts that rate BlackRock a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates BlackRock as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full BlackRock 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 $0.20 (-0.8%) to $25.81 on average volume. Thus far, 5.2 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 8.0 million shares. The stock has ranged in price between $24.68-$25.93 after having opened the day at $25.89 as compared to the previous trading day's close of $26.01.

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 $33.9 billion and is part of the financial services industry. Shares are up 0.0% year-to-date as of the close of trading on Friday. 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. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. 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, Wells Fargo ( WFC) is down $0.52 (-1.0%) to $51.38 on light volume. Thus far, 5.5 million shares of Wells Fargo exchanged hands as compared to its average daily volume of 15.9 million shares. The stock has ranged in price between $51.22-$51.89 after having opened the day at $51.88 as compared to the previous trading day's close of $51.90.

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Wells Fargo has a market cap of $275.2 billion and is part of the banking industry. Shares are up 14.3% year-to-date as of the close of trading on Friday. Currently there are 10 analysts that rate Wells Fargo a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Wells Fargo as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Wells Fargo 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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