3 Stocks Pushing The Financial Services Industry Downward

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 up today with the Dow Jones Industrial Average ( ^DJI) trading down 5 points (0.0%) at 16,932 as of Tuesday, June 24, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,934 issues advancing vs. 1,059 declining with 170 unchanged.

The Financial Services industry currently sits up 0.1% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include Sabine Royalty ( SBR), down 5.4%, Altisource Asset Management ( AAMC), down 4.9%, NASDAQ OMX Group ( NDAQ), down 2.0% and Apollo Global Management ( APO), down 0.9%. Top gainers within the industry include Janus Capital Group ( JNS), up 2.3%, Artisan Partners Asset Management ( APAM), up 2.0%, Total System Services ( TSS), up 1.0%, Eaton Vance ( EV), up 1.0% and Voya Financial ( VOYA), up 0.8%.

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

3. CME Group ( CME) is one of the companies pushing the Financial Services industry lower today. As of noon trading, CME Group is down $0.84 (-1.2%) to $71.35 on light volume. Thus far, 450,438 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 $71.05-$72.00 after having opened the day at $71.88 as compared to the previous trading day's close of $72.19.

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 $24.1 billion and is part of the financial sector. Shares are down 8.0% year-to-date as of the close of trading on Monday. Currently there are 7 analysts that 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 has had lackluster performance in the stock itself. Get the full CME Group 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, Blackstone Group ( BX) is down $0.29 (-0.9%) to $33.01 on light volume. Thus far, 1.3 million shares of Blackstone Group exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $33.01-$33.51 after having opened the day at $33.33 as compared to the previous trading day's close of $33.30.

The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. Blackstone Group has a market cap of $19.4 billion and is part of the financial sector. Shares are up 5.7% year-to-date as of the close of trading on Monday. Currently there are 6 analysts that rate Blackstone Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Blackstone Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Blackstone Group 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, Capital One Financial ( COF) is down $0.51 (-0.6%) to $82.98 on average volume. Thus far, 1.5 million shares of Capital One Financial exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $82.94-$83.72 after having opened the day at $83.35 as compared to the previous trading day's close of $83.49.

Capital One Financial Corporation operates as the bank holding company for Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States, the United Kingdom, and Canada. Capital One Financial has a market cap of $47.7 billion and is part of the financial sector. Shares are up 9.0% year-to-date as of the close of trading on Monday. Currently there are 15 analysts that rate Capital One Financial a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Capital One Financial as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Capital One Financial 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 services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).

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