3 Financial Stocks Pushing Sector Growth

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 37 points (-0.2%) at 16,809 as of Friday, June 27, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,843 issues advancing vs. 1,114 declining with 177 unchanged.

The Financial sector currently sits up 0.1% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Apollo Global Management ( APO), up 2.5%, Liberty Property ( LPT), up 1.6%, CIT Group ( CIT), up 1.4%, Grupo Financiero Santander Mexico SAB de CV ( BSMX), up 1.3% and Public Storage ( PSA), up 1.2%. On the negative front, top decliners within the sector include CoStar Group ( CSGP), down 1.7%, UBS ( UBS), down 0.7%, Prudential Financial ( PRU), down 0.6% and Lloyds Banking Group ( LYG), down 0.6%.

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

3. Host Hotels & Resorts ( HST) is one of the companies pushing the Financial sector higher today. As of noon trading, Host Hotels & Resorts is up $0.15 (0.7%) to $22.11 on light volume. Thus far, 1.8 million shares of Host Hotels & Resorts exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $21.91-$22.18 after having opened the day at $21.94 as compared to the previous trading day's close of $21.96.

Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. It invests in the real estate markets of United States. Host Hotels & Resorts has a market cap of $16.7 billion and is part of the real estate industry. Shares are up 13.0% year-to-date as of the close of trading on Thursday. Currently there are 8 analysts who rate Host Hotels & Resorts a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Host Hotels & Resorts as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Host Hotels & Resorts 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, Northstar Realty Finance ( NRF) is up $0.52 (3.0%) to $17.60 on heavy volume. Thus far, 15.7 million shares of Northstar Realty Finance exchanged hands as compared to its average daily volume of 7.5 million shares. The stock has ranged in price between $17.01-$17.87 after having opened the day at $17.02 as compared to the previous trading day's close of $17.08.

NorthStar Realty Finance Corp., a real estate investment trust (REIT), operates as a commercial real estate (CRE) investment and asset management company in the United States. Northstar Realty Finance has a market cap of $5.6 billion and is part of the real estate industry. Shares are up 27.0% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts who rate Northstar Realty Finance a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Northstar Realty Finance as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and expanding profit margins. However, as a counter to these strengths, we find that net income has been generally deteriorating over time. Get the full Northstar Realty Finance 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, Charles Schwab ( SCHW) is up $0.18 (0.7%) to $27.03 on light volume. Thus far, 1.6 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 7.6 million shares. The stock has ranged in price between $26.71-$27.12 after having opened the day at $26.77 as compared to the previous trading day's close of $26.85.

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 $35.2 billion and is part of the financial services industry. Shares are up 3.3% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who 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.

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

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%