3 Stocks Pulling The Financial Sector 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 37 points (0.2%) at 17,115 as of Thursday, Sept. 4, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,639 issues advancing vs. 1,333 declining with 167 unchanged.

The Financial sector currently sits up 0.1% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include Orix ( IX), down 2.0%, KB Financial Group ( KB), down 1.2%, Blackstone Group ( BX), down 1.2%, Manulife Financial ( MFC), down 1.1% and Grupo Financiero Santander Mexico SAB de CV ( BSMX), down 0.9%. Top gainers within the sector include National Bank of Greece ( NBG), up 3.2%, Charles Schwab ( SCHW), up 1.3%, KeyCorp ( KEY), up 1.2%, Regions Financial ( RF), up 1.2% and SunTrust Banks ( STI), up 1.1%.

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

3. Banco De Chile ( BCH) is one of the companies pushing the Financial sector lower today. As of noon trading, Banco De Chile is down $0.89 (-1.2%) to $74.30 on light volume. Thus far, 14,661 shares of Banco De Chile exchanged hands as compared to its average daily volume of 41,700 shares. The stock has ranged in price between $74.30-$75.50 after having opened the day at $74.74 as compared to the previous trading day's close of $75.19.

Banco de Chile provides traditional banking products and specialized financial services to large corporations, companies, and individuals in Chile. The company offers various deposit products, including current accounts, demand deposits, savings accounts, and time deposits. Banco De Chile has a market cap of $11.6 billion and is part of the banking industry. Shares are down 14.4% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Banco De Chile a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Banco De Chile as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and increase in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. Get the full Banco De Chile 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, Credit Suisse Group ( CS) is down $0.17 (-0.6%) to $28.27 on average volume. Thus far, 557,490 shares of Credit Suisse Group exchanged hands as compared to its average daily volume of 769,400 shares. The stock has ranged in price between $28.22-$28.49 after having opened the day at $28.46 as compared to the previous trading day's close of $28.44.

Credit Suisse Group AG, together with its subsidiaries, provides various financial services to private, corporate, institutional, and government clients, as well as high-net-worth individuals worldwide. Credit Suisse Group has a market cap of $45.3 billion and is part of the banking industry. Shares are down 8.4% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Credit Suisse Group a buy, 1 analyst rates it a sell, and 1 rates it a hold.

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

1. As of noon trading, Genworth Financial ( GNW) is down $0.25 (-1.8%) to $13.85 on average volume. Thus far, 3.0 million shares of Genworth Financial exchanged hands as compared to its average daily volume of 5.9 million shares. The stock has ranged in price between $13.85-$14.24 after having opened the day at $14.11 as compared to the previous trading day's close of $14.10.

Genworth Financial, Inc., a financial services company, provides insurance, investment, and financial solutions in the United States and internationally. It operates through U.S. Life Insurance, International Mortgage Insurance, U.S. Genworth Financial has a market cap of $7.1 billion and is part of the insurance industry. Shares are down 9.2% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Genworth Financial a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Genworth Financial as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, revenue growth, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Genworth Financial 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 sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

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