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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 53 points (0.3%) at 16,712 as of Friday, Oct. 10, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,328 issues advancing vs. 1,700 declining with 123 unchanged.

The Financial Services industry currently sits down 0.4% versus the S&P 500, which is up 0.1%. Top gainers within the industry include CME Group ( CME), up 1.7%, Legg Mason ( LM), up 1.5%, Blackstone Group ( BX), up 0.9%, Morgan Stanley ( MS), up 0.6% and Raymond James Financial ( RJF), up 0.6%. On the negative front, top decliners within the industry include KKR ( KKR), down 1.2%, TD Ameritrade ( AMTD), down 1.1%, Orix ( IX), down 1.0%, Charles Schwab ( SCHW), down 0.7% and Ameriprise Financial ( AMP), down 0.6%.

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

3. Western Union ( WU) is one of the companies pushing the Financial Services industry higher today. As of noon trading, Western Union is up $0.12 (0.7%) to $15.92 on average volume. Thus far, 2.9 million shares of Western Union exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $15.60-$16.01 after having opened the day at $15.80 as compared to the previous trading day's close of $15.81.

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

The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers cash money transfer services involving walk-in agent locations. Western Union has a market cap of $8.7 billion and is part of the financial sector. Shares are down 8.3% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts who rate Western Union a buy, 3 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Western Union as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins 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 Western Union 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, Bank of New York Mellon ( BK) is up $0.20 (0.5%) to $37.51 on average volume. Thus far, 2.4 million shares of Bank of New York Mellon exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $37.12-$37.70 after having opened the day at $37.35 as compared to the previous trading day's close of $37.31.

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

The Bank of New York Mellon Corporation provides various financial products and services in the United States and internationally. Its Investment Management segment provides institutional, intermediary, retirement and retail investment management, distribution, and related services. Bank of New York Mellon has a market cap of $43.6 billion and is part of the financial sector. Shares are up 6.8% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts who rate Bank of New York Mellon a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Bank of New York Mellon as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels, good cash flow from operations, expanding profit margins 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 Bank of New York Mellon 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, Goldman Sachs Group ( GS) is up $1.22 (0.7%) to $182.49 on average volume. Thus far, 1.5 million shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $180.06-$182.95 after having opened the day at $181.48 as compared to the previous trading day's close of $181.27.

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

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Goldman Sachs Group has a market cap of $82.2 billion and is part of the financial sector. Shares are up 2.3% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who rate Goldman Sachs Group a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Goldman Sachs 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.

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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