Published on 15 Oct 2022 on Insider Monkey via Yahoo Finance
In this article, we will take a look at 11 of the best financial services stocks to buy now. If you want to see some more of the 11 best financial services stocks to buy, go directly to 5 Best Financial Services Stocks to Buy Now.
Financial services stocks provide many different services to their customers including banking, mortgages, insurance, and more. Traditional banks typically accept deposits and make loans while more diversified banks also trade securities and manage assets. Insurers insure against certain risks by charging premiums.
The best financial service stocks often have scale to allow them to realize higher margins and also competitive advantages so they can maintain their market share more easily.