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 7 points (0.0%) at 16,149 as of Thursday, Oct. 16, 2014, 1:15 PM ET. The NYSE advances/declines ratio sits at 2,140 issues advancing vs. 904 declining with 135 unchanged.

The Financial Services industry currently sits up 0.6% versus the S&P 500, which is up 0.1%. Top gainers within the industry include Ares Capital Corporation ( ARCC), up 2.7%, Navient ( NAVI), up 1.7%, TD Ameritrade ( AMTD), up 1.4% and Orix ( IX), up 0.8%. On the negative front, top decliners within the industry include Total System Services ( TSS), down 1.5%, KKR ( KKR), down 0.8%, MasterCard ( MA), down 0.6%, Voya Financial ( VOYA), down 0.6% and Ameriprise Financial ( AMP), down 0.1%.

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

3. Prospect Capital Corporation ( PSEC) is one of the companies pushing the Financial Services industry higher today. As of noon trading, Prospect Capital Corporation is up $0.26 (2.9%) to $9.34 on heavy volume. Thus far, 3.2 million shares of Prospect Capital Corporation exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $8.87-$9.35 after having opened the day at $8.88 as compared to the previous trading day's close of $9.08.

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

Prospect Capital Corporation is a business development company. Prospect Capital Corporation has a market cap of $3.2 billion and is part of the financial sector. Shares are down 19.1% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts who rate Prospect Capital Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Prospect Capital Corporation 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 Prospect Capital 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.

2. As of noon trading, E*Trade Financial ( ETFC) is up $0.51 (2.6%) to $19.87 on heavy volume. Thus far, 2.6 million shares of E*Trade Financial exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $18.76-$19.88 after having opened the day at $18.81 as compared to the previous trading day's close of $19.36.

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

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It provides easy-to-use solutions for individual investors and stock plan participants. E*Trade Financial has a market cap of $5.5 billion and is part of the financial sector. Shares are down 1.4% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate E*Trade Financial a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates E*Trade Financial as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, reasonable valuation levels and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full E*Trade 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.

1. As of noon trading, T. Rowe Price Group ( TROW) is up $1.05 (1.4%) to $75.54 on average volume. Thus far, 1.1 million shares of T. Rowe Price Group exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $72.91-$75.58 after having opened the day at $73.44 as compared to the previous trading day's close of $74.49.

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

T. Rowe Price Group, Inc. is a publicly owned asset management holding company. The firm primarily provides its services to individual and institutional investors, retirement plans, and financial intermediaries. T. Rowe Price Group has a market cap of $19.5 billion and is part of the financial sector. Shares are down 11.1% year-to-date as of the close of trading on Wednesday. Currently there are 9 analysts who rate T. Rowe Price Group a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates T. Rowe Price Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full T. Rowe Price 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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