Financial Stocks With The Best Momentum 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 Momentum Momentum investing is a factor-based investment strategy that involves investing in a stock whose price is rising faster than the market as a whole.

	Price ($)	Market Cap ($B)	12-Month Trailing Total Return (%)
Blackstone Inc. (BX)	121,62	89	81
Signature Bank (SBNY)	340,91	20,7	58,3
Upstart Holdings Inc. (UPST)	120,51	10,1	56,5

  Blackstone Inc.: Blackstone is a global investment firm focusing on alternative asset classes including private equity, real estate, credit and hedge funds, as well as infrastructure, life sciences, insurance and growth capital. Signature Bank: Signature Bank is a full-service commercial bank. The company offers a range of commercial and personal banking products and services, as well as investment, brokerage, wealth management and insurance products and services. 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.