3 Banking Stocks Nudging The Industry Higher

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 37 points (0.2%) at 16,943 as of Wednesday, July 9, 2014, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,468 issues advancing vs. 1,471 declining with 161 unchanged.

The Banking industry currently sits up 0.3% versus the S&P 500, which is up 0.3%.

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

3. Royal Bank Of Canada ( RY) is one of the companies pushing the Banking industry higher today. As of noon trading, Royal Bank Of Canada is up $0.65 (0.9%) to $73.50 on average volume. Thus far, 207,536 shares of Royal Bank Of Canada exchanged hands as compared to its average daily volume of 358,800 shares. The stock has ranged in price between $72.79-$73.70 after having opened the day at $72.89 as compared to the previous trading day's close of $72.85.

Royal Bank of Canada, a diversified financial service company, provides personal and commercial banking, wealth management, insurance, investor, and capital markets products and services worldwide. Royal Bank Of Canada has a market cap of $104.7 billion and is part of the financial sector. Shares are up 8.4% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate Royal Bank Of Canada a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Royal Bank Of Canada as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Royal Bank Of Canada 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, Toronto-Dominion Bank ( TD) is up $0.36 (0.7%) to $51.81 on average volume. Thus far, 304,676 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 694,200 shares. The stock has ranged in price between $51.34-$51.81 after having opened the day at $51.53 as compared to the previous trading day's close of $51.45.

The Toronto-Dominion Bank, together with its subsidiaries, provides financial and banking services in North America and internationally. Toronto-Dominion Bank has a market cap of $95.1 billion and is part of the financial sector. Shares are up 9.2% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Toronto-Dominion Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Toronto-Dominion Bank as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase 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 Toronto-Dominion Bank 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, Deutsche Bank ( DB) is up $0.66 (1.9%) to $35.49 on average volume. Thus far, 816,550 shares of Deutsche Bank exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $35.23-$35.58 after having opened the day at $35.27 as compared to the previous trading day's close of $34.83.

Deutsche Bank AG provides investment, financial, and related products and services worldwide. Its Corporate Banking & Securities division is engaged in selling, trading, and structuring a range of fixed income, equity, equity-linked, foreign exchange, and commodities products. Deutsche Bank has a market cap of $36.1 billion and is part of the financial sector. Shares are down 24.2% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who rate Deutsche Bank a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Deutsche Bank as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Deutsche Bank 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 banking industry could consider KBW Bank ETF ( KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng ( KRS).

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