3 Stocks Moving The Financial Services Industry Upward

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 17 points (-0.1%) at 17,039 as of Tuesday, July 15, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 915 issues advancing vs. 2,069 declining with 174 unchanged.

The Financial Services industry currently sits down 0.2% versus the S&P 500, which is down 0.3%. Top gainers within the industry include Orix ( IX), up 2.0%, CIT Group ( CIT), up 1.6%, MasterCard ( MA), up 1.2%, Bank of New York Mellon ( BK), up 0.9% and Goldman Sachs Group ( GS), up 0.8%. A company within the industry that fell today was Western Union ( WU), up 1.2%.

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

3. Discover Financial Services ( DFS) is one of the companies pushing the Financial Services industry higher today. As of noon trading, Discover Financial Services is up $0.41 (0.7%) to $63.09 on average volume. Thus far, 1.3 million shares of Discover Financial Services exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $62.75-$63.57 after having opened the day at $62.78 as compared to the previous trading day's close of $62.68.

Discover Financial Services, a bank holding company, provides a range of financial products and services in the United States. The company operates in two segments, Direct Banking and Payment Services. Discover Financial Services has a market cap of $29.2 billion and is part of the financial sector. Shares are up 12.0% year-to-date as of the close of trading on Monday. Currently there are 12 analysts who rate Discover Financial Services a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Discover Financial Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Discover Financial Services 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 liked this article you might like

Visa, MasterCard, Discover Offer Secured Credit Cards, a Tool for College Kids

American Express Signs Deal to Reduce Financial Burden of Prepaid Cards

From Catalogs to Catastrophe: A Sears Timeline

Most Credit Card Companies Are Flying: Cramer's 'Off the Charts'

Stocks Are Fighting Back: Cramer's 'Mad Money' Recap (Wednesday 8/9/17)