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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 22 points (0.1%) at 17,010 as of Monday, Sept. 15, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 891 issues advancing vs. 2,107 declining with 158 unchanged.

The Financial sector currently sits down 0.4% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include KB Financial Group ( KB), down 4.6%, Woori Finance Holdings ( WF), down 3.7%, Navient ( NAVI), down 2.2%, Lloyds Banking Group ( LYG), down 2.0% and Royal Bank of Scotland Group (The ( RBS), down 1.8%. Top gainers within the sector include Aegon ( AEG), up 1.4%, Berkshire Hathaway ( BRK.B), up 0.6% and Morgan Stanley ( MS), up 0.5%.

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

3. Blackstone Group ( BX) is one of the companies pushing the Financial sector lower today. As of noon trading, Blackstone Group is down $0.24 (-0.8%) to $32.13 on light volume. Thus far, 648,241 shares of Blackstone Group exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $32.12-$32.37 after having opened the day at $32.31 as compared to the previous trading day's close of $32.37.

The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. Blackstone Group has a market cap of $19.1 billion and is part of the financial services industry. Shares are up 2.8% year-to-date as of the close of trading on Friday. Currently there are 7 analysts that rate Blackstone Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Blackstone Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Blackstone 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.

2. As of noon trading, Charles Schwab ( SCHW) is down $0.25 (-0.8%) to $29.27 on average volume. Thus far, 2.5 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $29.09-$29.48 after having opened the day at $29.43 as compared to the previous trading day's close of $29.52.

The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, money management, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services. Charles Schwab has a market cap of $38.1 billion and is part of the financial services industry. Shares are up 13.5% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate Charles Schwab a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Charles Schwab as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Charles Schwab 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, American Tower ( AMT) is down $1.27 (-1.3%) to $94.74 on heavy volume. Thus far, 1.3 million shares of American Tower exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $94.74-$96.08 after having opened the day at $95.89 as compared to the previous trading day's close of $96.01.

American Tower Corporation is a real estate investment trust. It invests in the real estate markets across the globe. The firm through its subsidiaries owns, operates and develops wireless and broadcast communications real estate. American Tower has a market cap of $38.8 billion and is part of the real estate industry. Shares are up 20.3% year-to-date as of the close of trading on Friday. Currently there are 12 analysts that rate American Tower a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates American Tower as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, increase in net income, good cash flow from operations and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full American Tower 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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