U.S. financial stocks consist of banks, insurance companies, investment firms, real estate investment trusts (REITs), and various other financial institutions. The sector is expected to gain from several factors, including the Federal Reserve’s stance to maintain higher interest rates, a strengthening job market, and continued resilience in consumer spending.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
To support investors’ search for the best financial stock, we have leveraged the TipRanks Stock Screener tool. These stocks have received a Strong buy rating from analysts and boast an Outperform Smart Score (i.e., 8, 9, or 10) on TipRanks, which points to their potential to beat the broader market. Further, analysts’ price target reflect an upside potential of more than 10%.
Here are the five best financial stocks for investors to consider, according to analysts.
- Mr. Cooper Group (NASDAQ:COOP) – COOP provides mortgage servicing and originations, offering comprehensive solutions to homeowners and investors. Its price forecast of $82.14 implies a 11.9% upside. Also, the stock has a Smart Score of nine.
- Metlife (NYSE:MET) – This global insurance company’s stock has an analyst consensus upside of 18.5%. Also, MET stock has a “Perfect 10” Smart Score.
- AllianceBernstein (NYSE:AB) – This global investment management firm provides diversified investment strategies and personalized wealth management services. AB stock’s price forecast of $39 implies a 19.6% upside and has a Smart Score of nine.
- Futu Holdings (NASDAQ:FUTU) – Futu Holdings offers an online brokerage platform and other financial services to retail investors in China and abroad. FUTU’s average price target implies a consensus upside of 24.9% and carries a Smart Score of eight.
- Western Alliance (NYSE:WAL) – This regional bank holding company offers a wide range of banking and financial services. The stock’s average price target of $77.55 implies a 27.4% upside potential. Also, its Smart Score of eight is encouraging.