Promising Financial Stocks To Consider - October 5th

Key Points

• Five financial stocks to watch include Coinbase Global, Robinhood Markets, Rocket Companies, SoFi Technologies, and JPMorgan Chase & Co., noted for their high dollar trading volume recently.
• Coinbase Global offers financial infrastructure and technology for the crypto economy, serving both consumers and institutions.
• Robinhood Markets enables users to invest in various financial products, providing features like fractional trading and margin access.

Coinbase Global, Robinhood Markets, Rocket Companies, SoFi Technologies, 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 that provide financial services—such as banks, insurance firms, asset managers and brokerage houses—and derive most of their revenue from lending, underwriting, investing or transaction fees. Investors in financial stocks often watch interest‐rate movements, credit conditions and regulatory changes closely, since these factors directly affect the profitability and risk profile of such firms. 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

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

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

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