Financial Stocks With The Best Growth For March 2022
The financial sector consists of companies that provide services such as loans, savings, insurance, payment services and money management for individuals and firms. Financial sector stocks include a wide variety of companies engaged in retail and commercial banking, accounting, insurance, wealth management, credit cards and brokerage. Wells Fargo & Co. (WFC), The Goldman Sachs Group Inc. (
GS) and Morgan Stanley (
MS).
Financial stocks, represented by an exchange-traded fund (ETF)—the Financial Select Sector SPDR ETF (XLF)—have outperformed the broader market, with a total return of 21.4% compared with the Russell 1000’s total return of 9.6% over the past 12 months. These market performance numbers and all statistics in the tables below are as of Feb. 22, 2022.
Financial Stocks With The Best Growth
They are ranked according to a growth model that scores companies with equal weight percent increase in revenue and earnings per share in the last quarter of the year. Both sales and earnings are critical factors in a company's success. Therefore, ranking companies by only one growth metric makes a ranking susceptible to that quarter's accounting anomalies, which may render one number or the other un-representative of the business overall.
|
Price ($) |
Market Cap ($B) |
EPS Growth (%) |
Revenue Growth (%) |
Upstart Holdings Inc. (UPST) |
120,51 |
10,1 |
200 |
249,5 |
MetLife Inc. (MET) |
68,96 |
56,9 |
908,8 |
2,7 |
KKR & Co. Inc. (KKR) |
58,03 |
34 |
0,6 |
136,6 |
Upstart Holdings Inc.: Upstart Holdings is a holding company that offers a cloud-based artificial intelligence (AI) loan platform to make loans more available. The platform also helps bank partners reduce their lending risk.
MetLife Inc.: MetLife is a financial services company. The company provides products such as insurance and pensions to individual and corporate customers and provides asset management services.
KKR & Co. Inc.: KKR is a global investment firm focused on providing alternative asset management, capital markets and insurance solutions. The company sponsors mutual funds that invest in private equity, loans and real assets. It also offers a variety of insurance products.