3 Financial Stocks Pushing Sector Growth

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 17,388 as of Tuesday, Nov. 4, 2014, 2:05 PM ET. The NYSE advances/declines ratio sits at 1,085 issues advancing vs. 1,951 declining with 143 unchanged.

The Financial sector currently sits down 0.5% versus the S&P 500, which is down 0.4%. A company within the sector that increased today was Orix ( IX), up 3.0%. On the negative front, top decliners within the sector include Mitsubishi UFJ Financial Group ( MTU), down 5.2%, Icahn ( IEP), down 3.1%, Host Hotels & Resorts ( HST), down 1.4%, Grupo Financiero Santander Mexico SAB de CV ( BSMX), down 1.8% and Equity Residential ( EQR), down 0.7%.

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

3. Marsh & McLennan Companies ( MMC) is one of the companies pushing the Financial sector higher today. As of noon trading, Marsh & McLennan Companies is up $0.80 (1.4%) to $55.54 on heavy volume. Thus far, 1.9 million shares of Marsh & McLennan Companies exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $54.57-$55.60 after having opened the day at $54.67 as compared to the previous trading day's close of $54.74.

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

Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions primarily in the areas of risk, strategy, and human capital worldwide. It operates in two segments, Risk and Insurance Services and Consulting. Marsh & McLennan Companies has a market cap of $29.6 billion and is part of the insurance industry. Shares are up 13.2% year-to-date as of the close of trading on Monday. Currently there are 10 analysts who rate Marsh & McLennan Companies a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Marsh & McLennan Companies as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, 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 is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Marsh & McLennan Companies 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, ACE ( ACE) is up $0.89 (0.8%) to $109.69 on heavy volume. Thus far, 1.2 million shares of ACE exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $108.90-$110.38 after having opened the day at $108.90 as compared to the previous trading day's close of $108.80.

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

ACE Limited, through its subsidiaries, provides a range of insurance and reinsurance products to insureds worldwide. The company operates through five segments: Insurance - North American P&C, Insurance - North American Agriculture, Insurance - Overseas General, Global Reinsurance, and Life. ACE has a market cap of $36.3 billion and is part of the insurance industry. Shares are up 5.1% year-to-date as of the close of trading on Monday. Currently there are 11 analysts who rate ACE a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates ACE as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full ACE 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, Travelers Companies ( TRV) is up $1.15 (1.1%) to $101.10 on heavy volume. Thus far, 1.8 million shares of Travelers Companies exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $99.82-$101.43 after having opened the day at $99.99 as compared to the previous trading day's close of $99.95.

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

The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States. Travelers Companies has a market cap of $33.4 billion and is part of the insurance industry. Shares are up 10.4% year-to-date as of the close of trading on Monday. Currently there are 10 analysts who rate Travelers Companies a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Travelers Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Travelers Companies 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).

null

More from Markets

Lowe's Snags Ex-Home Depot Exec as CEO; ISPs Face Competitive Threat -- ICYMI

Lowe's Snags Ex-Home Depot Exec as CEO; ISPs Face Competitive Threat -- ICYMI

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Owner of Moviepass Sees Stock Plummet

Owner of Moviepass Sees Stock Plummet

Ford, GM Gain as China Slashes Auto Import Tariffs

Ford, GM Gain as China Slashes Auto Import Tariffs