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 25 points (-0.1%) at 18,080 as of Tuesday, May 12, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,119 issues advancing vs. 1,860 declining with 154 unchanged.

The Financial sector currently sits down 0.3% versus the S&P 500, which is down 0.3%. Top gainers within the sector include Shinhan Financial Group ( SHG), up 2.4%, Banco Santander Brasil SA/Brazil ( BSBR), up 1.5%, Lloyds Banking Group ( LYG), up 1.5%, Public Storage ( PSA), up 1.1% and KB Financial Group ( KB), up 1.1%. On the negative front, top decliners within the sector include Nomura Holdings ( NMR), down 2.9%, CBRE Group ( CBG), down 1.6%, Principal Financial Group ( PFG), down 1.4%, ACE ( ACE), down 1.2% and Mitsubishi UFJ Financial Group ( MTU), down 1.2%.

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

3. Toronto-Dominion Bank ( TD) is one of the companies pushing the Financial sector higher today. As of noon trading, Toronto-Dominion Bank is up $0.27 (0.6%) to $46.20 on average volume. Thus far, 822,682 shares of Toronto-Dominion Bank exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $45.85-$46.24 after having opened the day at $45.91 as compared to the previous trading day's close of $45.93.

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The Toronto-Dominion Bank, together with its subsidiaries, provides financial and banking services in North America and internationally. The company operates through Canadian Retail, U.S. Retail, and Wholesale Banking segments. Toronto-Dominion Bank has a market cap of $85.1 billion and is part of the banking industry. Shares are down 3.7% year-to-date as of the close of trading on Monday. Currently there are 3 analysts who rate Toronto-Dominion Bank a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Toronto-Dominion Bank as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, growth in earnings per share and increase in net income. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Toronto-Dominion Bank Ratings Report now.

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