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Best Fintech Stocks To Keep An Eye On - September 29th

Rocket Companies logo with Finance background

Key Points

  • Three notable Fintech stocks to watch are Rocket Companies, UP Fintech, and Quantum FinTech Acquisition, which have recently experienced high trading volumes.
  • Rocket Companies offers a range of mortgage and financial technology services and has been noted for its potential for earnings growth that hasn't yet been reflected in its stock price.
  • UP Fintech focuses on online brokerage services for Chinese investors, providing a platform for trading various financial instruments along with value-added services.
  • Interested in Rocket Companies? Here are five stocks we like better.

Rocket Companies, UP Fintech, and Quantum FinTech Acquisition are the three Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks are shares of publicly traded companies that use technology to deliver or improve financial services, such as digital payments, online lending, robo-advisory, blockchain and insurtech platforms. By investing in these companies, stock market participants gain exposure to firms that aim to disrupt traditional banks, insurers and capital markets through software, data analytics and mobile solutions. Performance of fintech stocks often hinges on factors like regulatory shifts, adoption rates of new payment methods and overall innovation in financial technology. These companies had the highest dollar trading volume of any Fintech stocks within the last several days.

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

Quantum FinTech Acquisition (QFTA)

Read Our Latest Research Report on QFTA

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