3 Stocks Moving The Financial Services Industry Upward

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 51 points (-0.3%) at 18,140 as of Monday, May 11, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,286 issues advancing vs. 1,726 declining with 119 unchanged.

The Financial Services industry currently sits down 0.1% versus the S&P 500, which is down 0.2%. Top gainers within the industry include TD Ameritrade ( AMTD), up 2.1%, E*Trade Financial ( ETFC), up 1.9%, Voya Financial ( VOYA), up 1.6%, CME Group ( CME), up 1.3% and Raymond James Financial ( RJF), up 1.1%.

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

3. Morgan Stanley ( MS) is one of the companies pushing the Financial Services industry higher today. As of noon trading, Morgan Stanley is up $0.53 (1.4%) to $38.42 on average volume. Thus far, 6.2 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 9.4 million shares. The stock has ranged in price between $37.84-$38.45 after having opened the day at $37.88 as compared to the previous trading day's close of $37.89.

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Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. Morgan Stanley has a market cap of $74.0 billion and is part of the financial sector. Shares are down 2.4% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Morgan Stanley a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Morgan Stanley as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full Morgan Stanley Ratings Report now.

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2. As of noon trading, Goldman Sachs Group ( GS) is up $1.31 (0.7%) to $201.81 on light volume. Thus far, 770,931 shares of Goldman Sachs Group exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $200.29-$201.87 after having opened the day at $200.35 as compared to the previous trading day's close of $200.50.

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The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment management company worldwide. The company operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. Goldman Sachs Group has a market cap of $85.3 billion and is part of the financial sector. Shares are up 3.4% year-to-date as of the close of trading on Friday. Currently there are 3 analysts who rate Goldman Sachs Group a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Goldman Sachs Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Goldman Sachs Group Ratings Report now.

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1. As of noon trading, American Express ( AXP) is up $1.19 (1.5%) to $80.17 on average volume. Thus far, 3.2 million shares of American Express exchanged hands as compared to its average daily volume of 8.1 million shares. The stock has ranged in price between $79.01-$80.24 after having opened the day at $79.05 as compared to the previous trading day's close of $78.98.

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American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. The company operates through four segments: U.S. American Express has a market cap of $79.7 billion and is part of the financial sector. Shares are down 15.1% year-to-date as of the close of trading on Friday. Currently there are 9 analysts who rate American Express a buy, 4 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates American Express as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, growth in earnings per share, attractive valuation levels and notable return on equity. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full American Express Ratings Report now.

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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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