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Fintech Stocks To Watch Now - October 24th

Rocket Companies logo with Finance background

Key Points

  • The three key fintech stocks to monitor currently are Rocket Companies, UP Fintech, and LexinFintech, based on high trading volumes recently.
  • Rocket Companies specializes in mortgage lending and related financial services in North America, offering solutions like Rocket Mortgage and Rocket Homes.
  • UP Fintech targets Chinese investors with its online brokerage platform, while LexinFintech provides various consumer finance services through its online platform in China.
  • Interested in Rocket Companies? Here are five stocks we like better.

Rocket Companies, UP Fintech, and LexinFintech 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 software, data, and digital platforms to deliver or improve financial services — including payments, digital banking, lending, wealthtech, insurtech, and blockchain-related services. Investors typically treat them as growth-oriented but often higher-risk positions because their performance is sensitive to regulation, competition, technology adoption, cybersecurity, and interest-rate cycles. 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

LexinFintech (LX)

LexinFintech Holdings Ltd., through its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates Fenqile.com, an online consumption and consumer finance platform that offers installment purchase and personal installment loans, as well as online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending.

Read Our Latest Research Report on LX

See Also

Should You Invest $1,000 in Rocket Companies Right Now?

Before you consider Rocket Companies, 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 Rocket Companies wasn't on the list.

While Rocket Companies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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