3 Stocks Pushing The Financial Services Industry Lower

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 lower today:

3. CME Group ( CME) is one of the companies pushing the Financial Services industry lower today. As of noon trading, CME Group is down $0.71 (-0.9%) to $81.86 on average volume. Thus far, 729,460 shares of CME Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $81.71-$83.00 after having opened the day at $82.54 as compared to the previous trading day's close of $82.57.

CME Group Inc., through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. CME Group has a market cap of $27.8 billion and is part of the financial sector. Shares are up 5.2% year-to-date as of the close of trading on Monday. Currently there are 7 analysts that rate CME Group a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates CME Group as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full CME Group Ratings Report now.

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2. As of noon trading, Blackstone Group ( BX) is down $0.33 (-1.0%) to $32.23 on average volume. Thus far, 1.8 million 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 $32.09-$32.49 after having opened the day at $32.46 as compared to the previous trading day's close of $32.56.

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 $19.4 billion and is part of the financial sector. Shares are up 3.4% year-to-date as of the close of trading on Monday. 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.

1. As of noon trading, Capital One Financial ( COF) is down $0.54 (-0.6%) to $82.76 on light volume. Thus far, 917,805 shares of Capital One Financial exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $82.56-$83.20 after having opened the day at $82.81 as compared to the previous trading day's close of $83.29.

Capital One Financial Corporation operates as the bank holding company for Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States, the United Kingdom, and Canada. Capital One Financial has a market cap of $47.2 billion and is part of the financial sector. Shares are up 8.7% year-to-date as of the close of trading on Monday. Currently there are 12 analysts that rate Capital One Financial a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Capital One Financial as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Capital One 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 services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).
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