Top Financial Stocks To Follow Today - October 18th

Key Points

• Robinhood Markets saw a significant rise of 12% as investors speculate on the potential of its prediction markets to enhance user engagement.
• Coinbase Global is highlighted for providing essential financial infrastructure for the crypto economy, catering to both consumers and institutional clients.
• JPMorgan Chase & Co. remains a key player in investment banking and financial services, offering a diverse range of services across various segments including consumer and community banking.

Robinhood Markets, Coinbase Global, 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 whose primary business is providing financial services—such as banks, insurance firms, asset managers, broker-dealers, payment processors, and other financial institutions. For investors, these stocks provide exposure to lending, insurance and asset-management revenues and are typically sensitive to interest rates, credit conditions, and regulatory changes. 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

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