3 Stocks Raising The Financial Sector Higher

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 83 points (-0.5%) at 17,693 as of Wednesday, April 1, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,390 issues advancing vs. 1,594 declining with 166 unchanged.

The Financial sector currently sits down 0.1% versus the S&P 500, which is down 0.5%. Top gainers within the sector include Credicorp ( BAP), up 3.8%, Grupo Financiero Santander Mexico SAB de CV ( BSMX), up 2.6%, American Tower ( AMT), up 2.4%, Credit Suisse Group ( CS), up 2.2% and Lloyds Banking Group ( LYG), up 1.6%. On the negative front, top decliners within the sector include Charles Schwab ( SCHW), down 1.9%, Vornado Realty ( VNO), down 1.7%, TD Ameritrade ( AMTD), down 1.4%, BB&T ( BBT), down 1.1% and PNC Financial Services Group ( PNC), down 0.9%.

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

3. Banco De Chile ( BCH) is one of the companies pushing the Financial sector higher today. As of noon trading, Banco De Chile is up $1.64 (2.5%) to $68.70 on average volume. Thus far, 18,806 shares of Banco De Chile exchanged hands as compared to its average daily volume of 47,100 shares. The stock has ranged in price between $67.30-$68.75 after having opened the day at $67.38 as compared to the previous trading day's close of $67.06.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Banco de Chile provides traditional banking products and specialized financial services to large corporations, companies, and individuals in Chile. The company offers various deposit products, including current accounts, demand deposits, savings accounts, and time deposits. Banco De Chile has a market cap of $10.5 billion and is part of the banking industry. Shares are down 2.7% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Banco De Chile a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Banco De Chile as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and feeble growth in the company's earnings per share. Get the full Banco De Chile Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

2. As of noon trading, Allstate ( ALL) is up $0.52 (0.7%) to $71.69 on heavy volume. Thus far, 1.8 million shares of Allstate exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $70.96-$71.90 after having opened the day at $71.18 as compared to the previous trading day's close of $71.17.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

The Allstate Corporation, through its subsidiaries, engages in the property-liability insurance and life insurance businesses in the United States and Canada. Allstate has a market cap of $29.5 billion and is part of the insurance industry. Shares are up 1.3% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts who rate Allstate a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Allstate 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, solid stock price performance, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Allstate Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

1. As of noon trading, Simon Property Group ( SPG) is up $1.74 (0.9%) to $197.38 on average volume. Thus far, 1.1 million shares of Simon Property Group exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $194.01-$198.38 after having opened the day at $195.82 as compared to the previous trading day's close of $195.64.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Simon Property Group, Inc. is an equity real estate investment trust. The firm invests in the real estate markets across the globe. It engages in investment, ownership, management, and development of properties. Simon Property Group has a market cap of $61.9 billion and is part of the real estate industry. Shares are up 7.4% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts who rate Simon Property Group a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Simon Property Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth 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 Simon Property Group Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

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

Your Need to Know - Forward Look

Your Need to Know - Forward Look

3 Things Investors Can Do to Stay Strategic When the Market's Volatile

3 Things Investors Can Do to Stay Strategic When the Market's Volatile

How to Be a Tactical Investor in the Current Market

How to Be a Tactical Investor in the Current Market

How E-Mini S&P 500 Revolutionized Equity, Electronic Trading

How E-Mini S&P 500 Revolutionized Equity, Electronic Trading

Dow Gains, S&P 500 and Nasdaq Slip; Ford Hits 52-Week Low

Dow Gains, S&P 500 and Nasdaq Slip; Ford Hits 52-Week Low