3 Stocks Improving Performance Of The Financial Sector

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Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 67 points (-0.4%) at 17,031 as of Tuesday, Sept. 2, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,211 issues advancing vs. 1,801 declining with 159 unchanged.

The Financial sector currently sits up 0.1% versus the S&P 500, which is down 0.3%. Top gainers within the sector include Nomura Holdings ( NMR), up 2.7%, Woori Finance Holdings ( WF), up 2.5%, Banco De Chile ( BCH), up 1.7%, Discover Financial Services ( DFS), up 1.6% and Orix ( IX), up 1.2%. On the negative front, top decliners within the sector include Royal Bank of Scotland Group (The ( RBS), down 3.8%, National Bank of Greece ( NBG), down 2.3%, Shinhan Financial Group ( SHG), down 1.5% and BlackRock ( BLK), down 0.7%.

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

3. Mitsubishi UFJ Financial Group ( MTU) is one of the companies pushing the Financial sector higher today. As of noon trading, Mitsubishi UFJ Financial Group is up $0.05 (0.9%) to $5.82 on heavy volume. Thus far, 1.1 million shares of Mitsubishi UFJ Financial Group exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $5.81-$5.86 after having opened the day at $5.81 as compared to the previous trading day's close of $5.77.

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Mitsubishi UFJ Financial Group, Inc., through its subsidiaries, provides financial services in Japan and internationally. Mitsubishi UFJ Financial Group has a market cap of $81.7 billion and is part of the banking industry. Shares are down 13.6% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate Mitsubishi UFJ Financial Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Mitsubishi UFJ Financial Group as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Mitsubishi UFJ 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.

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