3 Financial Services Stocks Moving The Industry Upward

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 down 68 points (-0.4%) at 17,105 as of Tuesday, Sept. 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,162 issues advancing vs. 1,797 declining with 186 unchanged.

The Financial Services industry currently is unchanged today versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include Evercore Partners ( EVR), down 2.5%, Western Union ( WU), down 1.3% and Total System Services ( TSS), down 0.8%.

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

3. CIT Group ( CIT) is one of the companies pushing the Financial Services industry higher today. As of noon trading, CIT Group is up $0.26 (0.6%) to $46.72 on average volume. Thus far, 790,759 shares of CIT Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $46.25-$46.83 after having opened the day at $46.27 as compared to the previous trading day's close of $46.46.

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

CIT Group Inc. operates as the holding company for CIT bank that provides commercial financing and leasing products; and a suite of savings options in the United States. CIT Group has a market cap of $8.8 billion and is part of the financial sector. Shares are down 10.9% year-to-date as of the close of trading on Monday. Currently there are 9 analysts who rate CIT Group a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates CIT Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full CIT 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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