Top Bank Stocks To Follow Today – May 7th

Invesco QQQ, Walt Disney, and JPMorgan Chase & Co. are the three Bank stocks to watch today, according to MarketBeat’s stock screener tool. Bank stocks are the shares of publicly traded banking institutions, giving investors partial ownership in companies that accept deposits, make loans, and offer financial services. Their market value and dividend payouts are driven by factors such as interest‐rate movements, loan performance, economic conditions, and regulatory changes. These companies had the highest dollar trading volume of any Bank stocks within the last several days.

Invesco QQQ (QQQ)

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.

Invesco QQQ stock traded down $0.64 during trading on Wednesday, reaching $480.77. 12,387,656 shares of the company were exchanged, compared to its average volume of 36,276,395. The stock’s 50 day simple moving average is $468.61 and its two-hundred day simple moving average is $499.45. The company has a market capitalization of $301.28 billion, a P/E ratio of 28.58 and a beta of 1.11. Invesco QQQ has a 52-week low of $402.39 and a 52-week high of $540.81.

Walt Disney (DIS)

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.

Walt Disney stock traded up $9.58 during trading on Wednesday, hitting $101.75. The company had a trading volume of 20,963,467 shares, compared to its average volume of 10,153,258. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The stock has a market cap of $183.95 billion, a price-to-earnings ratio of 33.21, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49. Walt Disney has a 1-year low of $80.10 and a 1-year high of $118.63. The company’s 50 day simple moving average is $94.31 and its 200-day simple moving average is $104.06.

JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.

JPM stock traded up $2.57 during mid-day trading on Wednesday, reaching $251.82. The company had a trading volume of 3,007,298 shares, compared to its average volume of 9,611,748. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.89 and a current ratio of 0.88. The firm has a fifty day simple moving average of $238.65 and a 200 day simple moving average of $245.08. The company has a market capitalization of $700.81 billion, a price-to-earnings ratio of 12.76, a price-to-earnings-growth ratio of 2.83 and a beta of 1.07. JPMorgan Chase & Co. has a fifty-two week low of $190.88 and a fifty-two week high of $280.25.