Best Financial Stocks To Add to Your Watchlist - September 24th

Key Points

• MarketBeat highlights five financial stocks to watch, including Robinhood Markets, Coinbase Global, JPMorgan Chase & Co., Visa, and SoFi Technologies, based on their recent trading volumes.
• These financial stocks are crucial for investors looking to gain exposure to the financial services sector, which is sensitive to macroeconomic conditions such as interest rates and credit markets.
• Each company offers a range of financial services, from cryptocurrency transactions at Coinbase to payment technologies at Visa, catering to diverse consumer and institutional needs.

Robinhood Markets, Coinbase Global, JPMorgan Chase & Co., Visa, and SoFi Technologies are the five Financial stocks to watch today, according to MarketBeat's stock screener tool. Financial stocks are shares of companies whose primary business is providing financial services—such as banks, insurance companies, asset managers and other financial institutions. By owning these equities, investors gain a claim on the firms’ future earnings and dividends. Because their profitability depends heavily on interest rates, credit markets and economic cycles, financial stocks often exhibit sensitivity to broader macroeconomic conditions. These companies had the highest dollar trading volume of any Financial stocks within the last several days.

Robinhood Markets (HOOD)

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.

Read Our Latest Research Report on HOOD

Coinbase Global (COIN)

Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.

Read Our Latest Research Report on COIN

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

Visa (V)

Visa Inc. operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.

Read Our Latest Research Report on V

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