Top Financial Stocks To Watch Today – October 4th

Coinbase Global, Robinhood Markets, and Rocket Companies are the three Financial stocks to watch today, according to MarketBeat’s stock screener tool. Financial stocks are shares of companies whose primary business involves providing financial services—such as banks, insurance firms, brokerage houses, asset managers and specialty lenders—to individuals and businesses. These stocks tend to be sensitive to interest rates, credit cycles and regulatory changes, since their earnings depend on lending margins, investment returns and fee-based services. Investors often include financial stocks in portfolios for dividend income and exposure to the broader economic cycle. 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.

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.

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.