3 Stocks Underperforming Today In The Financial Services Industry

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 25 points (-0.1%) at 16,936 as of Monday, July 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,030 issues advancing vs. 1,900 declining with 205 unchanged.

The Financial Services industry currently sits down 0.2% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include Altisource Asset Management ( AAMC), down 3.4%, AllianceBernstein Holding L.P ( AB), down 2.2%, Apollo Global Management LLC Class A ( APO), down 1.8%, KKR ( KKR), down 1.4% and Principal Financial Group ( PFG), down 1.3%.

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

3. Blackstone Group ( BX) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Blackstone Group is down $0.47 (-1.4%) to $34.00 on average volume. Thus far, 3.2 million shares of Blackstone Group exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $33.55-$34.61 after having opened the day at $34.48 as compared to the previous trading day's close of $34.47.

The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. Blackstone Group has a market cap of $18.0 billion and is part of the financial sector. Shares are up 9.4% year-to-date as of the close of trading on Friday. Currently there are 7 analysts that rate Blackstone Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Blackstone Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Blackstone 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, Morgan Stanley ( MS) is down $0.27 (-0.8%) to $32.97 on light volume. Thus far, 3.1 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 9.7 million shares. The stock has ranged in price between $32.87-$33.38 after having opened the day at $33.20 as compared to the previous trading day's close of $33.24.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. Morgan Stanley has a market cap of $65.8 billion and is part of the financial sector. Shares are up 6.0% year-to-date as of the close of trading on Friday. Currently there are 8 analysts that rate Morgan Stanley a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Morgan Stanley as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's revenue growth has not been good. Get the full Morgan Stanley 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, Visa ( V) is down $1.31 (-0.6%) to $213.46 on average volume. Thus far, 1.2 million shares of Visa exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $213.12-$214.96 after having opened the day at $214.42 as compared to the previous trading day's close of $214.77.

Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. Visa has a market cap of $111.2 billion and is part of the financial sector. Shares are down 3.5% year-to-date as of the close of trading on Friday. Currently there are 20 analysts that rate Visa a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Visa 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, growth in earnings per share, 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 Visa 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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