Financial Stocks With The Best Value 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 Value
Metrics for one more key metric of the price of a value investment investment is essentially an investment decision that does not take into account choosing what you believe to trade with less value. A widely accepted value metric is the price-to-earnings (P/E) ratio.
|
Price ($) |
Market Cap ($B) |
12-Month Trailing P/E Ratio |
UWM Holdings Corp. (UWMC) |
4,46 |
0,4 |
0,3 |
Rocket Companies Inc. (RKT) |
11,53 |
1,6 |
3,7 |
Voya Financial Inc. (VOYA) |
68,32 |
7,4 |
4,2 |
UWM Holdings Corp.: UWM Holdings is a holding company engaged in the creation, sale and service of residential mortgage loans through its subsidiaries.
Rocket Companies Inc.: Rocket Companies is a holding company that provides a fintech platform that offers real estate, mortgages, and financial services. The company announced several management changes in early January. Rocket Companies' vice president and CEO (CEO) Jay Farner has been appointed CEO of Rocket Central, the company's fintech platform.
Voya Financial Inc.: Voya Financial is a financial services company that provides asset and healthcare solutions as well as investment management. The company's financial products and services include financial planning, retirement and brokerage accounts, mutual funds and insurance.