3 Stocks Dragging The Financial Sector 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 77 points (0.5%) at 17,053 as of Thursday, July 3, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,714 issues advancing vs. 1,323 declining with 126 unchanged.

The Financial sector currently sits up 0.1% versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the sector include Annaly Capital Management ( NLY), down 1.4%, HCP ( HCP), down 1.2%, Health Care REIT ( HCN), down 0.8% and Orix ( IX), down 0.7%. Top gainers within the sector include TD Ameritrade ( AMTD), up 2.9%, Aegon ( AEG), up 2.9%, Grupo Financiero Santander Mexico SAB de CV ( BSMX), up 2.7%, Charles Schwab ( SCHW), up 2.7% and Deutsche Bank ( DB), up 2.4%.

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

3. Brookfield Asset Management ( BAM) is one of the companies pushing the Financial sector lower today. As of noon trading, Brookfield Asset Management is down $0.38 (-0.9%) to $43.80 on average volume. Thus far, 276,701 shares of Brookfield Asset Management exchanged hands as compared to its average daily volume of 621,600 shares. The stock has ranged in price between $43.72-$44.35 after having opened the day at $44.32 as compared to the previous trading day's close of $44.18.

Brookfield Asset Management Inc. is a publicly owned asset management holding company. Through its subsidiaries the firm invests in the property, power, and infrastructure sectors. Brookfield Asset Management has a market cap of $27.3 billion and is part of the real estate industry. Shares are up 13.8% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Brookfield Asset Management a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Brookfield Asset Management as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Brookfield Asset Management 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, Vornado Realty ( VNO) is down $1.05 (-1.0%) to $105.74 on average volume. Thus far, 376,055 shares of Vornado Realty exchanged hands as compared to its average daily volume of 787,000 shares. The stock has ranged in price between $105.19-$106.47 after having opened the day at $106.47 as compared to the previous trading day's close of $106.79.

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 $20.0 billion and is part of the real estate industry. Shares are up 20.3% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts that 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.

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, Prologis ( PLD) is down $0.28 (-0.7%) to $40.89 on light volume. Thus far, 584,872 shares of Prologis exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $40.69-$41.19 after having opened the day at $41.15 as compared to the previous trading day's close of $41.17.

Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, management, and leasing of industrial distribution and retail properties. Prologis has a market cap of $20.6 billion and is part of the real estate industry. Shares are up 11.4% year-to-date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Prologis a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Prologis as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. Get the full Prologis 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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