Today's Stocks Driving Success For The Banking Industry

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 30 points (0.2%) at 16,949 as of Wednesday, Aug. 20, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,346 issues advancing vs. 1,589 declining with 185 unchanged.

The Banking industry currently sits down 0.3% versus the S&P 500, which is up 0.1%. A company within the industry that increased today was HDFC Bank ( HDB), up 0.8%. A company within the industry that fell today was Mitsubishi UFJ Financial Group ( MTU), up 1.1%.

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

3. Credicorp ( BAP) is one of the companies pushing the Banking industry higher today. As of noon trading, Credicorp is up $1.19 (0.8%) to $154.10 on light volume. Thus far, 78,234 shares of Credicorp exchanged hands as compared to its average daily volume of 273,500 shares. The stock has ranged in price between $151.50-$154.60 after having opened the day at $152.48 as compared to the previous trading day's close of $152.91.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Credicorp Ltd., through its subsidiaries, provides financial and health services primarily in Peru, the Cayman Islands, Bolivia, Chile, Colombia, and Panama. The company operates in four segments: Banking, Insurance, Pension Funds, and Investment Banking. Credicorp has a market cap of $12.4 billion and is part of the financial sector. Shares are up 15.2% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Credicorp a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Credicorp as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income and expanding profit margins. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Credicorp 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.

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Credicorp (BAP) Is Today's Strong On High Volume Stock