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Best Fintech Stocks To Follow Today - September 9th

MercadoLibre logo with Retail/Wholesale background

Key Points

  • MercadoLibre, Rocket Companies, and UP Fintech are the top three Fintech stocks to watch according to MarketBeat, with significant trading volumes in recent days.
  • MercadoLibre operates an advanced online commerce platform and a FinTech platform called Mercado Pago, facilitating digital transactions for users.
  • Rocket Companies offers a range of financial technology services, including mortgage lending and an online personal loans business through its various brands.
  • Interested in MercadoLibre? Here are five stocks we like better.

MercadoLibre, Rocket Companies, and UP Fintech are the three Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks are shares of companies that use technology to innovate and streamline financial services, such as payments, lending, wealth management and insurance. Investors buy these equities to gain exposure to businesses leveraging digital platforms, artificial intelligence and blockchain to disrupt traditional banking and finance models. These companies had the highest dollar trading volume of any Fintech stocks within the last several days.

MercadoLibre (MELI)

MercadoLibre, Inc. operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.

Read Our Latest Research Report on MELI

Rocket Companies (RKT)

Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.

Read Our Latest Research Report on RKT

UP Fintech (TIGR)

UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform services.

Read Our Latest Research Report on TIGR

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