3 Financial Stocks Pushing The Sector 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 125 points (-0.7%) at 16,959 as of Friday, July 25, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 982 issues advancing vs. 1,968 declining with 163 unchanged.

The Financial sector currently sits down 0.2% versus the S&P 500, which is down 0.5%. Top gainers within the sector include Woori Finance Holdings ( WF), up 2.6%, Shinhan Financial Group ( SHG), up 1.6% and Nomura Holdings ( NMR), up 1.2%. On the negative front, top decliners within the sector include Visa ( V), down 4.2%, Chubb ( CB), down 3.6%, MasterCard ( MA), down 2.6%, Marsh & McLennan Companies ( MMC), down 2.2% and Blackstone Group ( BX), down 1.6%.

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

3. Lloyds Banking Group ( LYG) is one of the companies pushing the Financial sector higher today. As of noon trading, Lloyds Banking Group is up $0.05 (1.0%) to $5.14 on average volume. Thus far, 1.5 million shares of Lloyds Banking Group exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $5.12-$5.17 after having opened the day at $5.15 as compared to the previous trading day's close of $5.09.

Lloyds Banking Group plc provides a range of banking and financial services to individuals and businesses in the United Kingdom and internationally. It operates through four segments: Retail; Commercial Banking; Wealth, Asset Finance, and International; and Insurance. Lloyds Banking Group has a market cap of $90.5 billion and is part of the banking industry. Shares are down 4.3% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst who rates Lloyds Banking Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Lloyds Banking Group as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and disappointing return on equity. Get the full Lloyds Banking Group 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, Manulife Financial Corporation ( MFC) is up $0.17 (0.8%) to $20.52 on average volume. Thus far, 505,334 shares of Manulife Financial Corporation exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $20.31-$20.57 after having opened the day at $20.35 as compared to the previous trading day's close of $20.35.

Manulife Financial Corporation, together with its subsidiaries, provides financial protection and wealth management products and services to individual, corporate, and business customers primarily in Asia, Canada, and the United States. The company operates through Asia, Canadian, and U.S. Manulife Financial Corporation has a market cap of $37.8 billion and is part of the insurance industry. Shares are up 3.1% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts who rate Manulife Financial Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Manulife Financial Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Manulife Financial Corporation 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, Toronto-Dominion Bank ( TD) is up $0.33 (0.6%) to $52.39 on average volume. Thus far, 467,579 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 716,600 shares. The stock has ranged in price between $52.05-$52.63 after having opened the day at $52.06 as compared to the previous trading day's close of $52.06.

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 $95.8 billion and is part of the banking industry. Shares are up 10.5% year-to-date as of the close of trading on Thursday. 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.

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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