Best Financial Stocks To Keep An Eye On – January 19th

JPMorgan Chase & Co., Robinhood Markets, and Bank of America 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, insurance companies, brokerages, asset managers, exchanges and other fintech firms—whose revenues come from interest margins, fees, premiums, trading and investment income. Stock market investors pay close attention to interest-rate movements, credit cycles, regulatory changes and capital or liquidity metrics for these firms, because those factors strongly influence their profitability, dividend potential and risk. These companies had the highest dollar trading volume of any Financial stocks within the last several days.

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.

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.

Bank of America (BAC)

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.