Best Bank Stocks To Follow Today
According to MarketBeat’s stock screener tool, Invesco QQQ, JPMorgan Chase & Co., Bank of America, Fiserv, and Citigroup are the top bank stocks to track today. Bank stocks represent shares in banking institutions available for investor purchase. These stocks are publicly traded, and their price changes depend on the bank’s financial performance, the health of the economy, and market speculation. The listed companies had the highest dollar trading volume among bank stocks in recent days.
Invesco QQQ (QQQ)
PowerShares QQQ Trust, Series 1 is a unit investment trust that issues Nasdaq-100 Index Tracking Stock. The Trust’s goal is to deliver performance that mirrors the Nasdaq-100 Index’s price and yield. By investing in this trust, investors acquire beneficial interests in a portfolio composed of nearly all the securities in the Nasdaq-100 Index.
- Shares of QQQ fell $4.06, trading at $535.46, with a volume of 11,772,872.
- The stock’s 12-month low is $413.07, and its 12-month high is $540.81.
- The 50-day simple moving average stands at $523.26, while the 200-day moving average is $499.81.
JPMorgan Chase & Co. (JPM)
JPMorgan Chase & Co. is a financial holding company that offers investment banking services, such as corporate strategy and structure advice, capital raising in equity and debt markets, and market-making in securities.
- On Thursday, JPM shares declined by $10.61 to $268.64, with 6,188,185 shares traded.
- The company’s market cap is $751.14 billion, with a P/E ratio of 13.61 and a P/E/G ratio of 2.96.
- JPM has a 1-year low of $178.52 and a 1-year high of $280.25.
Bank of America (BAC)
Bank of America provides a variety of banking services to individuals, small businesses, and institutional clients globally. Its four primary segments include Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets.
- Shares of BAC dropped by $0.70 to $45.31, with 22,120,811 shares traded.
- The company’s 52-week low is $33.17, and its 52-week high is $48.08.
- It has a market cap of $347.67 billion and a P/E ratio of 14.07.
Fiserv (FISV)
Fiserv is a global provider of payment and financial services technology, operating in Acceptance, Fintech, and Payments segments. The company offers services such as mobile payments, fraud protection, and cloud-based business platforms.
- Shares of FISV gained $0.06, trading at $236.34, with 2,849,918 shares exchanged.
- Its 12-month low stands at $87.03, while the high is $122.39.
- Fiserv has a market cap of $148.45 billion and a P/E ratio of 62.36.
Citigroup (C)
Citigroup Inc. offers diverse financial products and services to consumers, businesses, and governments worldwide. It operates in five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth.
- Shares of C dropped by $2.53, reaching $81.41, with 6,875,675 shares traded.
- The stock has a market cap of $153.97 billion and a P/E ratio of 13.67.
- Citigroup’s 1-year low is $53.51, and its 1-year high is $84.74.