Financial Stocks To Add to Your Watchlist – December 9th

Robinhood Markets, Coinbase Global, 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 in the financial sector — such as banks, insurance firms, asset managers, broker-dealers and fintechs — whose core businesses involve lending, underwriting, investment management and charging fees for financial services. Investors treat them as sources of income and growth but monitor them closely for sensitivity to interest rates, credit cycles, regulatory changes and measures like net interest margin, loan quality and fee revenue. 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.

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.

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.