Financial Stocks Worth Watching - November 9th

Key Points

• Visa, Berkshire Hathaway, and JPMorgan Chase were highlighted as financial stocks with the highest recent dollar trading volume.
• In Monday trading, Visa rose $1.06 to $423.71 and JPMorgan gained $7.25 to $341.74, while Berkshire Hathaway fell $2.49 to $568.40.
• Visa had the highest reported valuation multiple, with a P/E ratio of 34.35; Berkshire and JPMorgan had P/E ratios of 14.29 and 14.32, respectively.

Visa, Berkshire Hathaway, and JPMorgan Chase & Co. are the three Financial stocks to watch today, according to MarketBeat's stock screener tool. Financial stocks are shares of companies that provide financial services, such as banks, insurers, investment firms, and payment processors. Investors may assess them based on factors like interest rates, lending and investment activity, credit conditions, and regulation. These companies had the highest dollar trading volume of any Financial stocks within the last several days.

Visa (V)

Visa Inc. operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.

Shares of Visa stock traded up $1.06 on Monday, hitting $423.71. 2,685,960 shares of the company traded hands, compared to its average volume of 7,521,511. The firm's 50-day simple moving average is $385.86 and its 200 day simple moving average is $344.69. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.54. The company has a market cap of $756.08 billion, a P/E ratio of 34.35, a P/E/G ratio of 1.80 and a beta of 0.80. Visa has a 12-month low of $293.89 and a 12-month high of $442.23.

Read Our Latest Research Report on V

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

NYSE BRK.B traded down $2.49 on Monday, reaching $568.40. 1,944,588 shares of the company's stock traded hands, compared to its average volume of 4,763,883. The stock has a market cap of $1.22 trillion, a PE ratio of 14.29, a P/E/G ratio of 2.18 and a beta of 0.58. Berkshire Hathaway has a 12 month low of $464.01 and a 12 month high of $586.30. The stock has a 50-day simple moving average of $521.74 and a 200 day simple moving average of $497.87.

Read Our Latest Research Report on BRK.B

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.

Shares of JPM traded up $7.25 during trading hours on Monday, hitting $341.74. The company had a trading volume of 2,027,688 shares, compared to its average volume of 9,017,509. The stock's 50 day moving average price is $341.87 and its 200 day moving average price is $323.78. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.31. JPMorgan Chase & Co. has a 52-week low of $279.10 and a 52-week high of $366.50. The firm has a market cap of $907.53 billion, a P/E ratio of 14.32, a P/E/G ratio of 1.32 and a beta of 1.03.

Read Our Latest Research Report on JPM

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