Promising Bank Stocks To Add to Your Watchlist - July 23rd

Invesco QQQ, Fiserv, and Capital One Financial are the three Bank stocks to watch today, according to MarketBeat's stock screener tool. Bank stocks are equity shares of publicly traded banking and financial institutions. Their market value reflects the banks’ profitability, which depends on factors like interest‐rate margins, loan performance, deposit growth and regulatory conditions. Because banks are sensitive to credit risk, economic cycles and monetary policy, their share prices can exhibit higher volatility compared with more diversified sectors. These companies had the highest dollar trading volume of any Bank stocks within the last several days.

Invesco QQQ (QQQ)

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust's investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.

Shares of Invesco QQQ stock traded up $0.01 during trading hours on Wednesday, reaching $561.26. The stock had a trading volume of 20,160,826 shares, compared to its average volume of 39,435,919. Invesco QQQ has a twelve month low of $402.39 and a twelve month high of $566.06. The stock's 50 day moving average is $534.38 and its 200 day moving average is $507.13.

Read Our Latest Research Report on QQQ

Fiserv (FI)

Fiserv, Inc., together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.

Shares of Fiserv stock traded down $25.67 during mid-day trading on Wednesday, hitting $140.31. The stock had a trading volume of 16,461,239 shares, compared to its average volume of 3,504,960. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.02. The firm has a market cap of $77.79 billion, a P/E ratio of 24.79, a price-to-earnings-growth ratio of 1.02 and a beta of 0.91. The firm has a 50-day moving average of $167.76 and a two-hundred day moving average of $196.70. Fiserv has a 12-month low of $128.90 and a 12-month high of $238.59.

Read Our Latest Research Report on FI

Capital One Financial (COF)

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

Shares of Capital One Financial stock traded up $4.48 during trading on Wednesday, hitting $221.90. 5,211,358 shares of the stock were exchanged, compared to its average volume of 3,637,077. Capital One Financial has a 12-month low of $128.23 and a 12-month high of $231.98. The stock has a market cap of $85.02 billion, a price-to-earnings ratio of 18.62, a price-to-earnings-growth ratio of 0.90 and a beta of 1.15. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.98 and a quick ratio of 0.97. The firm's 50-day moving average price is $202.98 and its 200 day moving average price is $190.43.

Read Our Latest Research Report on COF