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The Top Financial Stocks

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Top Financial stocks for April 2024

Image by Gerd Altmann from Pixabay

Expertise provided by Kevin Matthews from buildingbread.com

What is a Financial Stock?

A financial stock provides capital services to its customers. These could be people, businesses, organizations, or even governments. Capital services can be very broad but some key activities are the cornerstones of financial stocks.

Bank Deposits and Loans

Bank deposits are a key service provided by banks. This service allows depositors to safely store their capital and also get insurance on its safety by getting guarantees from the government on their deposits and also minimizing risk of theft by pooling their deposits with other depositors.

Banks then use the bulk of the deposits to provide loans to different entities. These loans can range from car loans to house loans all the way to business loans or even short term loans to other banks.

Payment Transactions

Companies like MasterCard (MA), Visa (V), and American Express (AXP) provide payment networks to help rapidly facilitate payment transactions. These companies provide fraud protection and payment protection for unauthorized transactions.

These payment networks also provide temporary capital liquidity by giving user's credit, adding to the purchasing power of individuals and businesses.

Why Buy a Financial Stock?

Financial stocks can provide returns that exceed the overall market. They are drivers of business and commerce. When the stock market goes up, financial stocks will typically move with a higher beta than the overall market.

Strong financial stocks will typically provide stable growth over multiple years. These stocks may have a fortress balance sheet or a niche regional market.

What Makes a Financial Stock Go Up?

Are Financial Stocks Risky?

Do Financial Stocks do Well in a Recession?

Do Financial Stocks Benefit From Inflation?

How are Financial Stocks Affected by Interest Rates?

Is it Smart to Invest in Bank Stocks?

What to Look for in Financial Stocks?

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General 04/23/2020

GS, Buy

Goldman Sachs Gr...
Return: 130.74%

GS, Buy

Return: 130.74%

Strong dividend, analysts are pointing to a $200+ stock price, this is going to likely be the first bank to jump if this pandemic ends.

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Stockteamup 06/06/2022

Starting to look at little more closely at insurance stocks. Although I work in the industry, I always shied away from them in the past. But some of the big names (including Hartford) are showing grea...

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Texas 05/20/2022

MA, Buy

Mastercard Incor...
Return: 34.72%

MA, Buy

Return: 34.72%

Even during tough times, the daily expenses you use your credit card(s) for tend to stay stable. During an economic expansion, use of credit cards only increases. During this recent stock market dow...

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Manifest Investing 06/08/2022

RBA, Buy

RB Global Inc
Return: 18.95%

RBA, Buy

Return: 18.95%

Recreating our portfolio here at STOCKbossUP!

The tracking portfolio has an annualized total return (since July 2010) of 16.0%.

Visit https://www.manifestinvesting.com/dashboards/public/round-table...

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General 11/07/2023

The IntercontinentalExchange Inc Stock Analysis The IntercontinentalExchange Inc stocks are one of the best ways to invest in the stock exchange - simply purchase shares of the exchange #Intercontine...

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Manifest Investing 06/08/2022

CBOE, Buy

Cboe Global Mark...
Return: 55.87%

CBOE, Buy

Return: 55.87%

Recreating our portfolio here at STOCKbossUP!

The tracking portfolio has an annualized total return (since July 2010) of 16.0%.

Visit https://www.manifestinvesting.com/dashboards/public/round-table...

Read More

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Manifest Investing 06/08/2022

Recreating our portfolio here at STOCKbossUP! The tracking portfolio has an annualized total return (since July 2010) of 16.0%. Visit https://www.manifestinvesting.com/dashboards/public/round-table...

Read More

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Manifest Investing 06/08/2022

FFIN, Buy

First Financial ...
Return: -27.00%

Recreating our portfolio here at STOCKbossUP!

The tracking portfolio has an annualized total return (since July 2010) of 16.0%.

Visit https://www.manifestinvesting.com/dashboards/public/round-table...

Read More

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Manifest Investing 06/08/2022

AL, Buy

Air Lease Corp
Return: 29.61%

AL, Buy

Return: 29.61%

Recreating our portfolio here at STOCKbossUP!

The tracking portfolio has an annualized total return (since July 2010) of 16.0%.

Visit https://www.manifestinvesting.com/dashboards/public/round-table...

Read More

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General 11/07/2023

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Manifest Investing 06/08/2022

TROW, Buy

T. Rowe Price Gr...
Return: -6.01%

TROW, Buy

Return: -6.01%

Recreating our portfolio here at STOCKbossUP!

The tracking portfolio has an annualized total return (since July 2010) of 16.0%.

Visit https://www.manifestinvesting.com/dashboards/public/round-table...

Read More

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General 05/19/2022

AL, Buy

Air Lease Corp
Return: 35.89%

AL, Buy

Return: 35.89%

Building our Tin Cup Portfolio on STOCKbossup, be sure to visit our TIN CUP public dashboard at https://www.manifestinvesting.com/dashboards/public/tin-cup

Visit the Tin Cup profile to see how we mod...

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Texas 05/21/2022

ICE, Buy

Intercontinental...
Return: 31.75%

Did you know you can actually buy stock in the stock exchange itself? Both the NYSE (ICE) and Nasdaq (NAQ) are publicly traded corporations. Look for them to remain good buys due to continued demand...

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General 07/03/2022

C, Buy

Citigroup Inc
Return: 28.17%

C, Buy

Return: 28.17%

Citigroup is well positioned to take advantage of a higher interest rate environment.