3 Financial Stocks Moving The Sector Upward

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 27 points (-0.2%) at 16,879 as of Thursday, June 19, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,678 issues advancing vs. 1,278 declining with 191 unchanged.

The Financial sector currently is unchanged today versus the S&P 500, which is down 0.1%. Top gainers within the sector include Orix ( IX), up 3.3%, Ventas ( VTR), up 2.2%, Mitsubishi UFJ Financial Group ( MTU), up 1.8%, Deutsche Bank ( DB), up 1.1% and Nomura Holdings ( NMR), up 1.1%. On the negative front, top decliners within the sector include UBS ( UBS), down 1.7%, Credit Suisse Group ( CS), down 1.5%, CME Group ( CME), down 1.4%, Brookfield Asset Management ( BAM), down 1.1% and Aegon ( AEG), down 0.9%.

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

3. Vornado Realty ( VNO) is one of the companies pushing the Financial sector higher today. As of noon trading, Vornado Realty is up $0.77 (0.7%) to $105.79 on average volume. Thus far, 431,582 shares of Vornado Realty exchanged hands as compared to its average daily volume of 789,100 shares. The stock has ranged in price between $104.84-$105.83 after having opened the day at $105.15 as compared to the previous trading day's close of $105.02.

Vornado Realty Trust is a publicly owned real estate investment trust. The firm invests in the real estate markets of the United States. It makes investments in commercial real estate properties to create its portfolio. The firm was formerly known as Vornado Inc. Vornado Realty has a market cap of $19.6 billion and is part of the real estate industry. Shares are up 18.3% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts who rate Vornado Realty a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Vornado Realty 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 and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Vornado Realty 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, Chubb ( CB) is up $0.61 (0.7%) to $94.18 on light volume. Thus far, 268,684 shares of Chubb exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $93.38-$94.23 after having opened the day at $93.66 as compared to the previous trading day's close of $93.57.

The Chubb Corporation, through its subsidiaries, provides property and casualty insurance to businesses and individuals. Chubb has a market cap of $22.9 billion and is part of the insurance industry. Shares are down 3.2% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts who rate Chubb a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Chubb as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, notable return on equity 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 Chubb 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, ACE ( ACE) is up $0.58 (0.6%) to $105.39 on light volume. Thus far, 272,878 shares of ACE exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $104.59-$105.45 after having opened the day at $104.79 as compared to the previous trading day's close of $104.81.

ACE Limited, through its subsidiaries, provides a range of insurance and reinsurance products to insureds worldwide. ACE has a market cap of $35.3 billion and is part of the insurance industry. Shares are up 1.2% year-to-date as of the close of trading on Wednesday. Currently there are 11 analysts who 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.

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).
null

If you liked this article you might like

Google or Amazon Should Acquire Toys "R" Us -- Bankruptcy Lawyer Says

Google or Amazon Should Acquire Toys "R" Us -- Bankruptcy Lawyer Says

Toys 'R' Us Store Employees Set for Higher Wages Despite Bankruptcy

Toys 'R' Us Store Employees Set for Higher Wages Despite Bankruptcy

Pret A Manger Takeover in the Works; Cisco's M&A Shackles Come Off - ICYMI

Pret A Manger Takeover in the Works; Cisco's M&A Shackles Come Off - ICYMI

Toys 'R' Us Debt Load Tips It Into Chapter 11

Toys 'R' Us Debt Load Tips It Into Chapter 11

Toys 'R' Us Is Nearing Its End These 3 Signs Reveal

Toys 'R' Us Is Nearing Its End These 3 Signs Reveal