3 Stocks Dragging The Banking Industry 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 48 points (-0.3%) at 16,864 as of Wednesday, July 30, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,073 issues advancing vs. 1,897 declining with 171 unchanged.

The Banking industry currently sits up 0.4% versus the S&P 500, which is down 0.1%. A company within the industry that fell today was Credit Suisse Group ( CS), up 1.0%. Top gainers within the industry include HDFC Bank ( HDB), up 1.0%, Mitsubishi UFJ Financial Group ( MTU), up 0.9%, Citigroup ( C), up 0.9% and Wells Fargo ( WFC), up 0.7%.

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

3. Bank of Montreal ( BMO) is one of the companies pushing the Banking industry lower today. As of noon trading, Bank of Montreal is down $0.95 (-1.2%) to $74.93 on heavy volume. Thus far, 285,281 shares of Bank of Montreal exchanged hands as compared to its average daily volume of 278,600 shares. The stock has ranged in price between $74.76-$75.16 after having opened the day at $74.96 as compared to the previous trading day's close of $75.88.

Bank of Montreal provides various retail banking, wealth management, and investment banking products and services in Canada, the United States, and internationally. Bank of Montreal has a market cap of $49.2 billion and is part of the financial sector. Shares are up 13.8% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Bank of Montreal a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Bank of Montreal as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and disappointing return on equity. Get the full Bank of Montreal 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, UBS ( UBS) is down $0.34 (-1.9%) to $17.57 on heavy volume. Thus far, 3.5 million shares of UBS exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $17.44-$17.61 after having opened the day at $17.58 as compared to the previous trading day's close of $17.91.

UBS AG, a financial services firm, provides retail, wealth management, corporate and institutional banking, asset management, and investment banking products and services worldwide. The company's Wealth Management division provides financial services to high net worth individuals. UBS has a market cap of $68.7 billion and is part of the financial sector. Shares are down 7.0% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts that rate UBS a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates UBS as a hold. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income and reasonable valuation levels. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full UBS 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, Deutsche Bank ( DB) is down $0.54 (-1.5%) to $35.15 on average volume. Thus far, 868,415 shares of Deutsche Bank exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $35.06-$35.44 after having opened the day at $35.36 as compared to the previous trading day's close of $35.69.

Deutsche Bank AG provides investment, financial, and related products and services worldwide. Its Corporate Banking & Securities division is engaged in selling, trading, and structuring a range of fixed income, equity, equity-linked, foreign exchange, and commodities products. Deutsche Bank has a market cap of $36.6 billion and is part of the financial sector. Shares are down 22.3% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Deutsche Bank a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Deutsche Bank as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full Deutsche 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.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF ( KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng ( KRS).

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