Top Financial Stocks to Research – February 13th

Today, we highlight seven financial stocks that have garnered attention: Robinhood Markets, Coinbase Global, JPMorgan Chase & Co., ProShares UltraPro Short QQQ, Vertiv, Palo Alto Networks, and iShares Bitcoin Trust. These stocks are worth considering for those interested in the financial sector.

Financial stocks represent shares in various companies operating within the financial sector, which includes banks, investment firms, insurance companies, and other financial institutions. These stocks give investors a way to own a piece of these companies, and their values are often tied to the health of the overall financial industry and the economy. Recently, these companies have shown significant dollar trading volume, making them notable for investors.

Robinhood Markets (HOOD)

Robinhood Markets, Inc. is a financial services platform based in the United States, allowing users to invest in stocks, ETFs, options, gold, and cryptocurrencies. The platform features services like fractional trading, automatic investments, securities lending, margin trading, and retirement programs.

On Thursday, shares of NASDAQ:HOOD rose by $6.60, reaching $62.51. The trading volume was an impressive 50,768,619 shares, well above its average of 22,798,133. The stock has a one-year low of $12.77 and a high of $66.91, with a market capitalization of $55.26 billion and a PE ratio of 104.67.

Coinbase Global (COIN)

Coinbase Global, Inc. is a leading provider of infrastructure and technology for the crypto economy, serving customers in the U.S. and abroad. It offers a primary financial account for individual users and a marketplace for institutional transactions involving crypto assets.

During trading on Thursday, shares of NASDAQ:COIN increased by $13.63, reaching $288.53. The trading volume was 7,015,331 shares compared to an average volume of 7,795,989. Coinbase by its market cap of $72.23 billion and a PE ratio of 49.30 has a one-year low of $146.12 and a high of $349.75.

JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. operates as a financial holding company, providing a wide range of financial and investment banking services. Its offerings span investment banking products and services such as corporate strategy advisory, capital raising, market making, and brokerage.

On Thursday, shares of NYSE:JPM fell by $0.76 to $274.69, with a trading volume of 3,810,042 shares compared to an average of 9,306,048. With a market cap of $773.35 billion, JPMorgan has a PE ratio of 13.90 and a one-year low of $174.42 alongside a high of $278.55.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ aims to deliver daily investment results that reflect three times the inverse performance of the NASDAQ-100 Index. This fund is notable for its use as a hedge against market downturns.

On Thursday, ProShares UltraPro Short QQQ shares traded down $0.64 to $27.42, with a trading volume of 33,952,965, below its average volume of 53,483,055. The fund has a one-year low of $27.09 and a high of $64.95.

Vertiv (VRT)

Vertiv Holdings Co focuses on critical digital infrastructure technologies and services globally, ensuring reliable operation for data centers and communications networks.

During midday trading on Thursday, shares of NYSE:VRT dropped $4.17 to $107.07, seeing a trading volume of 7,812,394 against an average of 10,204,226. Vertiv has a market cap of $40.19 billion, a PE ratio of 70.95, and a one-year trading range from $55.00 to $155.84.

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. is a global provider of cybersecurity solutions. They offer a range of security products, including firewalls and network management services, along with various subscription services for threat prevention and data protection.

Shares of PANW traded up $1.64 on Thursday, reaching $198.37. The trading volume was 3,837,781 shares, with a market cap of $130.17 billion and a PE ratio of 51.62. Its one-year high and low are $207.24 and $130.04, respectively.

iShares Bitcoin Trust (IBIT)

The iShares Bitcoin Trust (IBIT) is an exchange-traded fund focusing on long Bitcoin positions. Launched on January 5, 2024, it seeks to track Bitcoin's spot prices.

On Thursday, shares of IBIT declined by $1.01, settling at $54.15. The stock's trading volume reached 13,224,497 shares against an average volume of 44,022,816. It has a one-year trading range from $28.23 to $61.75.

stocks, finance, investments