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Financial Stocks To Watch Now - October 24th

Coinbase Global logo with Finance background

Key Points

  • Coinbase Global, Robinhood Markets, SoFi Technologies, Bank of America, and JPMorgan Chase & Co. are highlighted as key financial stocks to monitor, based on recent trading volumes.
  • Coinbase offers essential financial infrastructure for the crypto economy, while Robinhood provides an accessible platform for various investment types including stocks and cryptocurrencies.
  • Bank of America and JPMorgan Chase deliver a wide range of banking and financial products, catering to individual consumers, businesses, and institutional investors worldwide.
  • Five stocks to consider instead of Coinbase Global.

Coinbase Global, Robinhood Markets, SoFi Technologies, Bank of America, and JPMorgan Chase & Co. are the five Financial stocks to watch today, according to MarketBeat's stock screener tool. Financial stocks are shares of companies whose main business is providing financial services, such as banks, insurance firms, asset managers, brokerages and other finance-related companies. Investors treat them as sensitive to interest rates, credit cycles and regulatory changes, and often evaluate them using balance-sheet metrics (like book value or net interest margin) and income stability (including dividends). These companies had the highest dollar trading volume of any Financial stocks within the last several days.

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

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

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

Bank of America (BAC)

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.

Read Our Latest Research Report on BAC

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

Should You Invest $1,000 in Coinbase Global Right Now?

Before you consider Coinbase Global, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Coinbase Global wasn't on the list.

While Coinbase Global 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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