3 Stocks Moving The Financial Services Industry Upward

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 7 points (0.0%) at 16,563 as of Tuesday, Aug. 12, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,349 issues advancing vs. 1,605 declining with 179 unchanged.

The Financial Services industry currently sits down 0.1% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Noah Holdings ( NOAH), up 5.6%, and Oaktree Capital Group ( OAK), up 3.0%. On the negative front, top decliners within the industry include Altisource Asset Management ( AAMC), down 3.3%, Financial Engines ( FNGN), down 2.3%, Janus Capital Group ( JNS), down 1.6%, Waddell & Reed Financial ( WDR), down 1.0% and Nomura Holdings ( NMR), down 1.0%.

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

3. Invesco ( IVZ) is one of the companies pushing the Financial Services industry higher today. As of noon trading, Invesco is up $0.27 (0.7%) to $38.64 on average volume. Thus far, 1.0 million shares of Invesco exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $38.28-$38.66 after having opened the day at $38.36 as compared to the previous trading day's close of $38.37.

Invesco Ltd. is a publicly owned investment manager. It primarily provides its services to institutional clients including major public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, and financial institutions. Invesco has a market cap of $16.3 billion and is part of the financial sector. Shares are up 5.4% year-to-date as of the close of trading on Monday. Currently there are 10 analysts who rate Invesco a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Invesco as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Invesco Ratings Report now.

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2. As of noon trading, BlackRock ( BLK) is up $1.97 (0.6%) to $310.41 on average volume. Thus far, 240,165 shares of BlackRock exchanged hands as compared to its average daily volume of 550,800 shares. The stock has ranged in price between $307.61-$311.38 after having opened the day at $307.92 as compared to the previous trading day's close of $308.44.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. BlackRock has a market cap of $51.3 billion and is part of the financial sector. Shares are down 2.5% year-to-date as of the close of trading on Monday. Currently there are 8 analysts who rate BlackRock a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates BlackRock as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full BlackRock Ratings Report now.

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1. As of noon trading, Capital One Financial ( COF) is up $0.52 (0.7%) to $79.23 on average volume. Thus far, 1.1 million shares of Capital One Financial exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $78.39-$79.42 after having opened the day at $78.39 as compared to the previous trading day's close of $78.71.

Capital One Financial Corporation operates as the bank holding company for Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States, the United Kingdom, and Canada. Capital One Financial has a market cap of $44.3 billion and is part of the financial sector. Shares are up 2.7% year-to-date as of the close of trading on Monday. Currently there are 14 analysts who rate Capital One Financial a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Capital One Financial as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Capital One Financial 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 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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