3 Stocks Dragging In The Financial Sector

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 29 points (0.2%) at 17,012 as of Tuesday, July 29, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,550 issues advancing vs. 1,408 declining with 169 unchanged.

The Financial sector currently sits up 0.3% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the sector include Meridian Interstate Bancorp ( EBSB), down 58.8%, Nomura Holdings ( NMR), down 1.9%, UBS ( UBS), down 1.6%, General Growth Properties ( GGP), down 1.5% and Credit Suisse Group ( CS), down 0.8%. Top gainers within the sector include Woori Finance Holdings ( WF), up 4.2%, Shinhan Financial Group ( SHG), up 3.0%, E*Trade Financial ( ETFC), up 2.7%, KB Financial Group ( KB), up 2.2% and American Realty Capital Properties ( ARCP), up 1.9%.

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

3. Plum Creek Timber ( PCL) is one of the companies pushing the Financial sector lower today. As of noon trading, Plum Creek Timber is down $1.02 (-2.3%) to $42.89 on heavy volume. Thus far, 1.1 million shares of Plum Creek Timber exchanged hands as compared to its average daily volume of 779,800 shares. The stock has ranged in price between $41.15-$42.90 after having opened the day at $42.01 as compared to the previous trading day's close of $43.91.

Plum Creek Timber Company, Inc. is a publicly owned real estate investment trust (REIT). The trust owns and manages timberlands in the United States. Its products include lumber products, plywood, medium density fiberboard, and related by-products, such as wood chips. Plum Creek Timber has a market cap of $7.8 billion and is part of the materials & construction industry. Shares are down 5.6% year-to-date as of the close of trading on Monday. Currently there are 4 analysts that rate Plum Creek Timber a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Plum Creek Timber as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Plum Creek Timber 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, HDFC Bank ( HDB) is down $0.25 (-0.5%) to $48.16 on light volume. Thus far, 261,314 shares of HDFC Bank exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $48.10-$48.64 after having opened the day at $48.55 as compared to the previous trading day's close of $48.41.

HDFC Bank Limited, together with its subsidiaries, provides a range of banking and financial services to individuals and businesses in India, as well as in Bahrain and Hong Kong. The company operates in four segments: Retail Banking, Wholesale Banking, Treasury, and Other Banking Operations. HDFC Bank has a market cap of $38.5 billion and is part of the banking industry. Shares are up 40.6% year-to-date as of the close of trading on Monday. Currently there are 2 analysts that rate HDFC Bank a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates HDFC Bank as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and compelling growth in net income. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full HDFC Bank 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, Aflac ( AFL) is down $0.44 (-0.7%) to $63.20 on average volume. Thus far, 905,515 shares of Aflac exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $62.69-$63.69 after having opened the day at $63.69 as compared to the previous trading day's close of $63.65.

Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. Aflac has a market cap of $28.9 billion and is part of the insurance industry. Shares are down 4.7% year-to-date as of the close of trading on Monday. Currently there are 7 analysts that rate Aflac a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Aflac 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, 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 Aflac 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).

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