Today's Stocks Driving Success For 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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 17,122 as of Wednesday, Aug. 27, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,632 issues advancing vs. 1,319 declining with 192 unchanged.

The Financial Services industry currently sits up 0.1% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include CBOE Holdings ( CBOE), down 2.1%, Waddell & Reed Financial ( WDR), down 1.8%, Total System Services ( TSS), down 1.5%, Raymond James Financial ( RJF), down 1.2% and BlackRock ( BLK), down 1.1%.

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

3. QIWI ( QIWI) is one of the companies pushing the Financial Services industry higher today. As of noon trading, QIWI is up $1.62 (4.1%) to $40.80 on average volume. Thus far, 331,800 shares of QIWI exchanged hands as compared to its average daily volume of 646,800 shares. The stock has ranged in price between $39.25-$41.22 after having opened the day at $39.29 as compared to the previous trading day's close of $39.18.

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

QIWI plc, together with its subsidiaries, operates electronic online payment systems primarily in the Russian Federation, Kazakhstan, Moldova, Belarus, Romania, the United States, and the United Arab Emirates. QIWI has a market cap of $2.0 billion and is part of the financial sector. Shares are down 30.0% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate QIWI a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates QIWI as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. 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 QIWI 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, Navient ( NAVI) is up $0.14 (0.8%) to $17.75 on light volume. Thus far, 335,683 shares of Navient exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $17.58-$17.76 after having opened the day at $17.58 as compared to the previous trading day's close of $17.61.

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

Navient Corporation provides financial products and services focusing on the education sector. The company's Consumer Lending segment originates, acquires, finances, and services private education loans. Navient has a market cap of $7.4 billion and is part of the financial sector. Shares are unchanged year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Navient a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Navient as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full Navient 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, Principal Financial Group ( PFG) is up $0.27 (0.5%) to $54.34 on light volume. Thus far, 355,854 shares of Principal Financial Group exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $53.93-$54.38 after having opened the day at $54.15 as compared to the previous trading day's close of $54.07.

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

Principal Financial Group, Inc. provides retirement savings, investment, and insurance products and services. It operates through Retirement and Investor Services, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. Principal Financial Group has a market cap of $15.7 billion and is part of the financial sector. Shares are up 9.7% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate Principal Financial Group a buy, 3 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Principal Financial Group 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, solid stock price performance, impressive record of earnings per share growth and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Principal Financial 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.

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).

null

More from Markets

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers

Jim Cramer: Does Saudi Arabia Think Oil Prices Are Too High?

Jim Cramer: Does Saudi Arabia Think Oil Prices Are Too High?