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Bank Stocks To Follow Now - August 26th

Invesco QQQ logo with Finance background

Key Points

  • Invesco QQQ, SoFi Technologies, and Intuit are highlighted as top bank stocks to watch today due to their significant trading volumes in the last few days.
  • SoFi Technologies offers a diverse range of financial services including lending, saving, spending, investing, and protection for customers across North America.
  • Intuit specializes in financial management products for various consumers and small businesses, operating through several segments including Small Business & Self-Employed and Credit Karma.
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Invesco QQQ, SoFi Technologies, and Intuit are the three Bank stocks to watch today, according to MarketBeat's stock screener tool. Bank stocks are shares of publicly traded banking institutions that represent an ownership stake in the bank’s assets and earnings. Their performance is driven by factors such as interest‐rate fluctuations, loan credit quality, regulatory policies and the overall health of the economy. These companies had the highest dollar trading volume of any Bank stocks within the last several days.

Invesco QQQ (QQQ)

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust's investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.

Read Our Latest Research Report on QQQ

SoFi Technologies (SOFI)

SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.

Read Our Latest Research Report on SOFI

Intuit (INTU)

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.

Read Our Latest Research Report on INTU

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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