Best Financials Stocks in 2019: Top 3 Financial Stocks to Buy and Hold in 2019

Financial sector is said to have acquired conditions for a strong rebound and re-establishing of a higher level of stability, suggested to be a consequence of the hike in the Federal Reserves that took place in 2018.

Still, some financial stocks are more profitable and bullish than other stocks from the same sector.

Here are some of the most profitable stocks in the sector of finances, alongside financial stocks with some of the highest growth rates in the industry.

Best Financials Stocks: Innovative Industrial Properties (IIPR)

Innovative Industrial Properties belong to Real Estate Investment Trust sector, while the company is drawing its growth and strong, positive momentum from managing industrial properties for cannabis-focused businesses in California.

Cannabis businesses which properties are being handled by IIP company are state-licensed and are cultivating marijuana for medicinal purposes.

The company managed to take advantage of the hot market, which is how IIPR stocks jumped by 31% in the period between May 2018 and May 2019, having 132% in profit returns.

Best Financials Stocks: JP Morgan (JPM)

JP Morgan seems to be able to outperform in any type of environment and in any state of economy, due to its business model.

The company has managed to deliver clean and strong balance sheets, while operating in discipline and following up with costs of the business.

Net income for 2018 was 32.5 billion dollars, with a record revenue balance set at 111.5 billion dollars for the same year.

The return was 9$ per share based on the reports for 2018, while JP Morgan expects to see 58 billion net interest income for 2019.

Best Financials Stocks: MasterCard (MA)

MasterCard, as an already recognizable brand in the US and internationally adopted company in the sector of credit card companies, MasterCard is still dominating.

Although consumer spending as down in 2018 compared to the same quarter, Q4, of 2017, MasterCard is acquiring growth through e-commerce and debit cards.

MasterCard pays 0.6% in dividends, which although low, can be reinvested.


Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.
Maja is a full-time financial markets & crypto writer at TheOofy, with a vast experience in writing and reporting on financial markets, cryptocurrency and blockchain. She is following up with the financial markets and cryptocurrency space since 2012, first starting out with educational content on blockchain technology and Bitcoin prior to expansion of digital assets.