TROW, ETFC And SCHW, 3 Financial Services Stocks Pushing The Industry Lower

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 Financial Services industry currently sits down 0.1% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the industry include Apollo Global Management ( APO), down 3.6%, PHH ( PHH), down 3.5%, Waddell & Reed Financial ( WDR), down 3.1%, Nomura Holdings ( NMR), down 1.4% and LPL Financial Holdings ( LPLA), down 1.2%. Top gainers within the industry include Janus Capital Group ( JNS), up 2.1%, American Capital ( ACAS), up 1.2%, Lazard ( LAZ), up 0.7% and MasterCard ( MA), up 0.6%.

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

3. T. Rowe Price Group ( TROW) is one of the companies pushing the Financial Services industry lower today. As of noon trading, T. Rowe Price Group is down $0.67 (-0.8%) to $83.85 on average volume. Thus far, 557,233 shares of T. Rowe Price Group exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $83.39-$85.09 after having opened the day at $84.90 as compared to the previous trading day's close of $84.52.

T. Rowe Price Group, Inc. is a publicly owned asset management holding company. The firm primarily provides its services to individual and institutional investors, retirement plans, and financial intermediaries. T. Rowe Price Group has a market cap of $22.4 billion and is part of the financial sector. Shares are up 0.9% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts that rate T. Rowe Price Group a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates T. Rowe Price Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full T. Rowe Price 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, E*Trade Financial ( ETFC) is down $0.34 (-1.6%) to $21.45 on average volume. Thus far, 2.0 million shares of E*Trade Financial exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $21.39-$21.89 after having opened the day at $21.80 as compared to the previous trading day's close of $21.79.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name in the United States. E*Trade Financial has a market cap of $6.5 billion and is part of the financial sector. Shares are up 10.9% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts that rate E*Trade Financial a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates E*Trade Financial 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 solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full E*Trade 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.

1. As of noon trading, Charles Schwab ( SCHW) is down $0.29 (-1.1%) to $26.89 on average volume. Thus far, 3.2 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $26.78-$27.35 after having opened the day at $27.25 as compared to the previous trading day's close of $27.18.

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 $36.3 billion and is part of the financial sector. Shares are up 4.5% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Charles Schwab a buy, 2 analysts rate it a sell, and 7 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.

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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