Today's Stocks Driving Success For The Financial Services Industry

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 40 points (0.2%) at 18,080 as of Tuesday, June 2, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,713 issues advancing vs. 1,260 declining with 163 unchanged.

The Financial Services industry currently sits up 0.1% versus the S&P 500, which is up 0.1%. Top gainers within the industry include LPL Financial Holdings ( LPLA), up 3.5%, E*Trade Financial ( ETFC), up 2.6%, Ameriprise Financial ( AMP), up 2.0%, Apollo Global Management ( APO), up 1.9% and Principal Financial Group ( PFG), up 1.9%. A company within the industry that fell today was Nomura Holdings ( NMR), up 1.5%.

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

3. Capital One Financial ( COF) is one of the companies pushing the Financial Services industry higher today. As of noon trading, Capital One Financial is up $0.79 (0.9%) to $84.18 on light volume. Thus far, 888,162 shares of Capital One Financial exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $83.27-$84.19 after having opened the day at $83.44 as compared to the previous trading day's close of $83.39.

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.

Capital One Financial Corporation operates as the bank holding company for the 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 $45.7 billion and is part of the financial sector. Shares are up 1.0% year-to-date as of the close of trading on Monday. Currently there are 13 analysts who rate Capital One Financial a buy, no analysts rate it a sell, and 6 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and growth in earnings per share. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Capital One Financial 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, MasterCard ( MA) is up $0.65 (0.7%) to $93.21 on light volume. Thus far, 1.1 million shares of MasterCard exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $91.44-$93.26 after having opened the day at $92.14 as compared to the previous trading day's close of $92.56.

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.

MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. MasterCard has a market cap of $103.0 billion and is part of the financial sector. Shares are up 7.4% year-to-date as of the close of trading on Monday. Currently there are 19 analysts who rate MasterCard a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates MasterCard 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, impressive record of earnings per share growth and compelling growth in net income. 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 MasterCard 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, American Express ( AXP) is up $0.59 (0.7%) to $80.06 on light volume. Thus far, 1.7 million shares of American Express exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $79.18-$80.07 after having opened the day at $79.29 as compared to the previous trading day's close of $79.47.

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.

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 $81.0 billion and is part of the financial sector. Shares are down 14.6% year-to-date as of the close of trading on Monday. 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.

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 services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).

More from Markets

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices

Dow Rises for First Time in 9 Days, Oil Soars as OPEC Agrees to Boost Output

Dow Rises for First Time in 9 Days, Oil Soars as OPEC Agrees to Boost Output

Jim Cramer: Some Industrials Stocks Are Becoming Great Values

Jim Cramer: Some Industrials Stocks Are Becoming Great Values

Jim Cramer Reacts to Toni Sacconaghi's Latest Tesla Note

Jim Cramer Reacts to Toni Sacconaghi's Latest Tesla Note

Howard Schultz to Jim Cramer: Starbucks Stock Is Cheap and Undervalued

Howard Schultz to Jim Cramer: Starbucks Stock Is Cheap and Undervalued