Promising Financial Stocks To Watch Now - October 20th

Key Points

• Robinhood Markets is up 12% and is highlighted for potentially utilizing prediction markets as a competitive advantage.
• The article lists five financial stocks to watch: Robinhood Markets, Coinbase Global, SoFi Technologies, JPMorgan Chase & Co., and Regions Financial, all showing significant trading volume.
• Coinbase Global provides crucial infrastructure for the crypto economy, while SoFi Technologies offers a diverse range of financial services across multiple regions.

Robinhood Markets, Coinbase Global, SoFi Technologies, JPMorgan Chase & Co., and Regions Financial are the five Financial stocks to watch today, according to MarketBeat's stock screener tool. Financial stocks are shares of companies whose primary business is providing financial services—such as banks, insurance companies, broker-dealers, asset managers and other firms that earn revenue from interest, fees, premiums and trading. For stock market investors, these stocks are typically sensitive to interest rates, credit conditions and regulatory changes and are often evaluated on metrics like net interest margin, loan quality, capital adequacy and underwriting results. They can offer income through dividends but also show cyclical performance tied to the economy and financial markets. 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

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

Regions Financial (RF)

Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending; equipment lease financing; deposit products; and securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition, and other advisory services.

Read Our Latest Research Report on RF