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Bank Stocks Worth Watching - September 16th

Invesco QQQ logo with Finance background

Key Points

  • Invesco QQQ, SoFi Technologies, and JPMorgan Chase & Co. are identified as the top bank stocks to watch due to their high trading volumes recently.
  • SoFi Technologies operates across various segments, providing a wide range of financial services including lending, investment, and money management.
  • JPMorgan Chase & Co. is a major financial holding company engaged in investment banking, consumer services, and asset management across multiple segments.
  • Five stocks we like better than Invesco QQQ.

Invesco QQQ, SoFi Technologies, and JPMorgan Chase & Co. are the three Bank stocks to watch today, according to MarketBeat's stock screener tool. Bank stocks are shares of publicly traded banking and financial institutions that represent partial ownership in those companies. Investors buy and sell them to gain exposure to the banking sector’s profits, dividend payouts, and capital‐appreciation potential. Their performance is especially sensitive to factors like interest‐rate movements, credit quality, regulatory changes, and overall economic conditions. 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

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

See Also

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