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Financial Stocks To Follow Now - October 13th

Robinhood Markets logo with Finance background

Key Points

  • Robinhood Markets saw a 12% increase, potentially benefiting from prediction markets, positioning itself as a leading financial services platform for a variety of investment options.
  • Coinbase Global provides critical infrastructure for the crypto economy, functioning as a primary financial account for consumers and a marketplace for institutions to transact in crypto assets.
  • Three financial stocks to watch include Robinhood, Coinbase, and Inflection Point Acquisition Corp. II, all experiencing high trading volumes recently.
  • MarketBeat previews the top five stocks to own by November 1st.

Robinhood Markets, Coinbase Global, and Inflection Point Acquisition Corp. II are the three Financial stocks to watch today, according to MarketBeat's stock screener tool. Financial stocks are shares of companies in the financial sector — banks, insurance firms, asset managers, brokerages, and other businesses that provide lending, payments, investment, or insurance services. For investors, these stocks are often sought for dividend income and exposure to interest-rate and credit-cycle dynamics, but they can be sensitive to regulatory changes and broader economic 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

Inflection Point Acquisition Corp. II (IPXX)

Read Our Latest Research Report on IPXX

Featured Articles

Should You Invest $1,000 in Robinhood Markets Right Now?

Before you consider Robinhood Markets, you'll want to hear this.

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While Robinhood Markets currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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