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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 7 points (0.0%) at 17,620 as of Tuesday, Nov. 11, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,391 issues advancing vs. 1,566 declining with 174 unchanged.

The Financial Services industry currently is unchanged today versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include Janus Capital Group ( JNS), down 3.3%, HD Supply Holdings ( HDS), down 1.1% and Blackstone Group ( BX), down 1.1%. Top gainers within the industry include QIWI ( QIWI), up 4.8%, Credit Acceptance ( CACC), up 1.4%, LPL Financial Holdings ( LPLA), up 1.6%, CBOE Holdings ( CBOE), up 1.2% and E*Trade Financial ( ETFC), up 1.2%.

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

3. Waddell & Reed Financial ( WDR) is one of the companies pushing the Financial Services industry lower today. As of noon trading, Waddell & Reed Financial is down $0.51 (-1.1%) to $47.84 on light volume. Thus far, 228,861 shares of Waddell & Reed Financial exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $47.72-$48.35 after having opened the day at $48.17 as compared to the previous trading day's close of $48.35.

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

Waddell & Reed Financial, Inc., through its subsidiaries, provides investment management, investment product underwriting and distribution, and shareholder services administration to mutual funds, and institutional and separately managed accounts in the United States. Waddell & Reed Financial has a market cap of $4.1 billion and is part of the financial sector. Shares are down 25.8% year-to-date as of the close of trading on Monday. Currently there are 5 analysts that rate Waddell & Reed Financial a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Waddell & Reed Financial as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, growth in earnings per share, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Waddell & Reed 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.

2. As of noon trading, KKR ( KKR) is down $0.17 (-0.8%) to $21.67 on light volume. Thus far, 572,873 shares of KKR exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $21.57-$21.88 after having opened the day at $21.80 as compared to the previous trading day's close of $21.84.

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

Kohlberg Kravis Roberts & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. KKR has a market cap of $9.2 billion and is part of the financial sector. Shares are down 10.3% year-to-date as of the close of trading on Monday. Currently there are 7 analysts that rate KKR a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates KKR as a buy. Among the primary strengths of the company is its robust revenue growth -- not just in the most recent periods but in previous quarters as well. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full KKR 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 $1.13 (-1.4%) to $82.11 on average volume. Thus far, 1.6 million shares of Capital One Financial exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $81.83-$83.21 after having opened the day at $82.23 as compared to the previous trading day's close of $83.24.

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

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 $45.9 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, 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 sub par growth in net income. 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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