Financial Stocks To Watch Today - October 21st

Key Points

• Robinhood Markets has seen a 12% increase in its stock price, which may be attributed to the potential of prediction markets as a competitive advantage.
• The seven financial stocks to watch today include Coinbase Global, SoFi Technologies, and JPMorgan Chase, all of which experienced high trading volumes recently.
• Wells Fargo offers a wide range of financial services across various segments, positioning itself as a key player in both consumer and commercial finance markets.

Robinhood Markets, Coinbase Global, SoFi Technologies, Galaxy Digital, JPMorgan Chase & Co., Inflection Point Acquisition Corp. II, and Wells Fargo & Company are the seven Financial stocks to watch today, according to MarketBeat's stock screener tool. Financial stocks are shares of companies in the financial sector—such as banks, insurance firms, asset managers, brokerages, and payment processors—that earn revenue by providing financial services and products. Investors watch these stocks for exposure to interest-rate movements, credit conditions, regulatory changes, and overall economic activity because those factors strongly influence lenders’ margins, fee income, and loan-losses. 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

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

Galaxy Digital (GLXY)

Galaxy Digital Holdings Ltd. is a financial services and an investment management company, which engages in the digital asset, cryptocurrency, and block chain technology sectors. It operates through the following segments: Trading, Principal Investment, Asset Management, Investment Banking, Mining, and Corporate & Other.

Read Our Latest Research Report on GLXY

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

Inflection Point Acquisition Corp. II (IPXX)

Read Our Latest Research Report on IPXX

Wells Fargo & Company (WFC)

Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.

Read Our Latest Research Report on WFC