3 Stocks Driving The Financial Sector Higher

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 22 points (0.1%) at 17,036 as of Wednesday, Sept. 10, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,316 issues advancing vs. 1,661 declining with 150 unchanged.

The Financial sector currently is unchanged today versus the S&P 500, which is up 0.1%. Top gainers within the sector include KeyCorp ( KEY), up 2.2%, Regions Financial ( RF), up 2.1%, Fifth Third Bancorp ( FITB), up 1.6%, Charles Schwab ( SCHW), up 1.5% and Visa ( V), up 1.4%. On the negative front, top decliners within the sector include AvalonBay Communities ( AVB), down 3.2%, Equity Residential ( EQR), down 3.1%, UDR ( UDR), down 2.4%, Essex Property ( ESS), down 1.8% and Orix ( IX), down 1.8%.

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

3. JPMorgan Chase ( JPM) is one of the companies pushing the Financial sector higher today. As of noon trading, JPMorgan Chase is up $0.35 (0.6%) to $59.41 on light volume. Thus far, 4.2 million shares of JPMorgan Chase exchanged hands as compared to its average daily volume of 12.7 million shares. The stock has ranged in price between $58.92-$59.43 after having opened the day at $59.15 as compared to the previous trading day's close of $59.06.

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

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management. JPMorgan Chase has a market cap of $225.3 billion and is part of the banking industry. Shares are up 1.0% year-to-date as of the close of trading on Tuesday. Currently there are 18 analysts who rate JPMorgan Chase a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full JPMorgan Chase 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, Citigroup ( C) is up $0.51 (1.0%) to $51.77 on average volume. Thus far, 6.9 million shares of Citigroup exchanged hands as compared to its average daily volume of 15.7 million shares. The stock has ranged in price between $51.18-$51.93 after having opened the day at $51.24 as compared to the previous trading day's close of $51.26.

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

Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions. Citigroup has a market cap of $157.8 billion and is part of the banking industry. Shares are down 1.6% year-to-date as of the close of trading on Tuesday. Currently there are 14 analysts who rate Citigroup a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Citigroup 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, Bank of America Corporation ( BAC) is up $0.12 (0.7%) to $16.26 on average volume. Thus far, 30.0 million shares of Bank of America Corporation exchanged hands as compared to its average daily volume of 67.2 million shares. The stock has ranged in price between $16.13-$16.26 after having opened the day at $16.16 as compared to the previous trading day's close of $16.14.

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

Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. Bank of America Corporation has a market cap of $171.9 billion and is part of the banking industry. Shares are up 3.7% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts who rate Bank of America Corporation a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Bank of America Corporation as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Bank of America Corporation 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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