Financial Stocks To Watch Today – February 02nd

Visa, ServiceNow, Berkshire Hathaway, Mastercard, iShares Bitcoin Trust, UnitedHealth Group, and ProShares UltraPro Short QQQ are the seven Financial stocks to watch today, according to MarketBeat’s stock screener tool. Financial stocks refer to the shares of companies operating in the financial services sector, such as banks, insurance companies, and investment firms. These stocks represent ownership in companies that provide financial products and services, including lending, underwriting, and asset management. Investors often consider financial stocks as a key component of a diversified investment portfolio due to their potential for profitability and correlation with economic indicators. These companies had the highest dollar trading volume of any Financial stocks within the last several days.

Visa (V)

Visa Inc. operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.

V traded down $1.00 on Friday, hitting $342.05. 8,623,980 shares of the company traded hands, compared to its average volume of 5,066,612. The stock has a market capitalization of $637.19 billion, a PE ratio of 35.15, a PEG ratio of 2.27 and a beta of 0.96. The company has a 50 day moving average of $317.74 and a 200-day moving average of $293.12. Visa has a 12-month low of $252.70 and a 12-month high of $351.25. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.55.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

Shares of NOW stock traded up $7.42 during trading hours on Friday, reaching $1,020.17. 2,866,592 shares of the company’s stock were exchanged, compared to its average volume of 1,263,238. The company has a market cap of $210.16 billion, a P/E ratio of 149.37, a price-to-earnings-growth ratio of 5.19 and a beta of 0.99. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.13 and a quick ratio of 1.13. The company’s 50 day moving average is $1,083.66 and its two-hundred day moving average is $955.82. ServiceNow has a 1 year low of $637.99 and a 1 year high of $1,198.09.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Shares of BRK.B traded down $3.96 on Friday, reaching $468.39. The stock had a trading volume of 5,439,638 shares, compared to its average volume of 3,727,255. The firm has a market capitalization of $1.01 trillion, a PE ratio of 9.46, a PEG ratio of 3.36 and a beta of 0.88. The firm has a 50-day moving average of $461.75 and a 200 day moving average of $456.24. Berkshire Hathaway has a twelve month low of $381.48 and a twelve month high of $491.67.

Mastercard (MA)

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.

NYSE:MA traded down $10.38 during trading hours on Friday, reaching $555.63. 4,505,026 shares of the company traded hands, compared to its average volume of 2,344,155. The firm’s 50-day moving average is $528.28 and its 200-day moving average is $501.43. The stock has a market cap of $509.97 billion, a P/E ratio of 42.03, a P/E/G ratio of 2.17 and a beta of 1.10. The company has a debt-to-equity ratio of 2.36, a current ratio of 1.29 and a quick ratio of 1.29. Mastercard has a 1-year low of $428.86 and a 1-year high of $576.94.

iShares Bitcoin Trust (IBIT)

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.

NASDAQ:IBIT traded down $2.01 during trading hours on Friday, reaching $57.71. 41,697,864 shares of the company traded hands, compared to its average volume of 48,171,039. The firm’s 50-day moving average is $56.19 and its 200-day moving average is $44.22. iShares Bitcoin Trust has a 1-year low of $24.13 and a 1-year high of $61.75.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

Shares of UNH stock traded down $3.27 during mid-day trading on Friday, hitting $542.30. 4,120,450 shares of the company’s stock were exchanged, compared to its average volume of 4,209,506. UnitedHealth Group has a fifty-two week low of $436.38 and a fifty-two week high of $630.73. The stock has a 50-day simple moving average of $536.17 and a two-hundred day simple moving average of $565.26. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74. The stock has a market cap of $499.07 billion, a price-to-earnings ratio of 34.99, a PEG ratio of 1.46 and a beta of 0.62.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

Shares of SQQQ stock traded up $0.18 during mid-day trading on Friday, hitting $29.03. 73,146,919 shares of the company’s stock were exchanged, compared to its average volume of 54,893,633. ProShares UltraPro Short QQQ has a fifty-two week low of $27.23 and a fifty-two week high of $64.95. The stock has a 50-day simple moving average of $30.10 and a two-hundred day simple moving average of $36.45.