3 Stocks Pulling The Financial Services Industry Downward

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 6 points (0.0%) at 17,548 as of Friday, Nov. 7, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,802 issues advancing vs. 1,173 declining with 159 unchanged.

The Financial Services industry currently sits up 0.1% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include Orix ( IX), down 1.8%, Nomura Holdings ( NMR), down 1.4%, Charles Schwab ( SCHW), down 1.1% and MasterCard ( MA), down 0.7%. Top gainers within the industry include Eaton Vance ( EV), up 17.4%, Prospect Capital Corporation ( PSEC), up 3.2%, Apollo Global Management ( APO), up 2.3%, Voya Financial ( VOYA), up 1.8% and Affiliated Managers Group ( AMG), up 1.4%.

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

3. Financial Engines ( FNGN) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Financial Engines is down $10.22 (-25.0%) to $30.60 on heavy volume. Thus far, 1.9 million shares of Financial Engines exchanged hands as compared to its average daily volume of 358,500 shares. The stock has ranged in price between $29.40-$33.00 after having opened the day at $33.00 as compared to the previous trading day's close of $40.82.

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

Financial Engines, Inc., together with its subsidiaries, provides independent, technology-enabled portfolio management services, investment advice, and retirement income services to participants in employer-sponsored defined contribution plans in the United States. Financial Engines has a market cap of $2.1 billion and is part of the financial sector. Shares are down 41.3% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts that rate Financial Engines a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Financial Engines as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, premium valuation and weak operating cash flow. Get the full Financial Engines 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 down $0.39 (-1.7%) to $22.44 on average volume. Thus far, 1.4 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 $22.42-$22.80 after having opened the day at $22.79 as compared to the previous trading day's close of $22.83.

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 $6.6 billion and is part of the financial sector. Shares are up 16.2% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts that 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, revenue growth and reasonable valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. 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, CME Group ( CME) is down $0.69 (-0.8%) to $85.58 on light volume. Thus far, 305,065 shares of CME Group exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $85.07-$86.40 after having opened the day at $86.08 as compared to the previous trading day's close of $86.27.

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

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 $28.9 billion and is part of the financial sector. Shares are up 9.9% year-to-date as of the close of trading on Thursday. Currently there are 6 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 increase in stock price during the past year, growth in earnings per share, revenue growth, reasonable valuation levels and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full CME 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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