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 63 points (0.4%) at 17,115 as of Tuesday, July 22, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,207 issues advancing vs. 762 declining with 147 unchanged.

The Financial sector currently sits up 0.4% versus the S&P 500, which is up 0.6%. On the negative front, top decliners within the sector include Altisource Asset Management ( AAMC), down 9.9%, BancorpSouth ( BXS), down 6.6%, Credit Suisse Group ( CS), down 1.6%, State Street ( STT), down 1.1% and Aegon ( AEG), down 0.9%. Top gainers within the sector include CIT Group ( CIT), up 11.3%, Realogy Holdings ( RLGY), up 3.4%, HDFC Bank ( HDB), up 3.1%, Woori Finance Holdings ( WF), up 2.5% and CME Group ( CME), up 1.6%.

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

3. Chubb ( CB) is one of the companies pushing the Financial sector lower today. As of noon trading, Chubb is down $1.23 (-1.3%) to $92.48 on average volume. Thus far, 557,322 shares of Chubb exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $92.07-$93.46 after having opened the day at $93.46 as compared to the previous trading day's close of $93.71.

The Chubb Corporation, through its subsidiaries, provides property and casualty insurance to businesses and individuals. Chubb has a market cap of $22.9 billion and is part of the insurance industry. Shares are down 3.0% year-to-date as of the close of trading on Monday. Currently there are 3 analysts that rate Chubb a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Chubb as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Chubb 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, ACE ( ACE) is down $0.64 (-0.6%) to $102.97 on average volume. Thus far, 611,497 shares of ACE exchanged hands as compared to its average daily volume of 983,500 shares. The stock has ranged in price between $102.40-$103.40 after having opened the day at $103.40 as compared to the previous trading day's close of $103.61.

ACE Limited, through its subsidiaries, provides a range of insurance and reinsurance products to insureds worldwide. ACE has a market cap of $35.3 billion and is part of the insurance industry. Shares are up 0.1% year-to-date as of the close of trading on Monday. Currently there are 11 analysts that rate ACE a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates ACE as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full ACE 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, Travelers Companies ( TRV) is down $3.97 (-4.2%) to $91.29 on heavy volume. Thus far, 4.1 million shares of Travelers Companies exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $90.36-$92.10 after having opened the day at $90.36 as compared to the previous trading day's close of $95.26.

The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States. Travelers Companies has a market cap of $33.2 billion and is part of the insurance industry. Shares are up 5.2% year-to-date as of the close of trading on Monday. Currently there are 10 analysts that rate Travelers Companies a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Travelers Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, increase in stock price during the past year and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Travelers Companies 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).

null

More from Markets

Asian Markets Decline in Morning Trading

Asian Markets Decline in Morning Trading

Verizon Proves Resilient in Sell-Off; Decoding the Facebook Short -- ICYMI

Verizon Proves Resilient in Sell-Off; Decoding the Facebook Short -- ICYMI

Three Big Factors That Rocked the Stock Market Tuesday

Three Big Factors That Rocked the Stock Market Tuesday

Dow Tumbles Over 400 Points; S&P 500 and Nasdaq Also Finish Lower

Dow Tumbles Over 400 Points; S&P 500 and Nasdaq Also Finish Lower

Caterpillar Bulldozes Industrial Sector With Bad News on Earnings Call

Caterpillar Bulldozes Industrial Sector With Bad News on Earnings Call