Bank Stocks To Watch Now - September 4th

Key Points

• Invesco QQQ, JPMorgan Chase & Co., and Affirm are highlighted as key bank stocks to watch, due to their high trading volumes recently.
• JPMorgan Chase & Co. operates through multiple segments, including investment banking and asset management, catering to both consumers and businesses.
• Affirm Holdings provides a platform for digital commerce, allowing consumers to make payments over time with flexible terms up to 60 months.

Invesco QQQ, JPMorgan Chase & Co., and Affirm are the three Bank stocks to watch today, according to MarketBeat's stock screener tool. Bank stocks are publicly traded shares that represent ownership in banking institutions, such as commercial and investment banks. Their value largely reflects the bank’s ability to generate income from interest margins, fees and financial services. As part of the financial sector, they tend to be sensitive to interest‐rate changes, economic cycles and regulatory policies. 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

JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.

Read Our Latest Research Report on JPM

Affirm (AFRM)

Affirm Holdings, Inc. operates a platform for digital and mobile-first commerce in the United States, Canada, and internationally. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time with terms ranging up to 60 months.

Read Our Latest Research Report on AFRM

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