Find out which financial stocks are poised to outperform

  • Apollo Global Management Inc. and Capital One Financial Corp. are the largest components of KBW’s best ideas list for 2024
  • Apollo Global Management offers multiple pathways for growth with a 20% total return expectation
  • Capital One may offer a total return of 23% in 2024 as it benefits from improved credit trends
  • Other companies on the best ideas list include Mr. Cooper Group, Corebridge Financial, and Fidelity National Information Services
  • KeyCorp, Nasdaq Inc., Prosperity Bancshares Inc., and Webster Financial Corp. are also included on the list
  • Corebridge has the highest estimate for total return in 2024 at 33%
  • KBW reiterated outperform ratings on Capitol One and Apollo Global Management
  • KBW also reiterated an outperform rating on BlackRock and an underperform rating on Franklin Resources
  • BlackRock is better positioned for the fixed income investment trend and is expected to be an active acquirer
  • Franklin Resources stock appears to have reached a full valuation and has a spotty track record
  • Brighthouse Financial, Brown & Brown Inc., PNC Financial Services Group, and SoFi Technologies drew underperform ratings

Apollo Global Management Inc. and Capital One Financial Corp. have emerged as the top picks on KBW’s best ideas list for 2024. Apollo Global Management offers multiple growth opportunities with a projected 20% total return, while Capital One is expected to benefit from improved credit trends and may provide a total return of 23%. Other companies on the list include Mr. Cooper Group, Corebridge Financial, and Fidelity National Information Services. KeyCorp, Nasdaq Inc., Prosperity Bancshares Inc., and Webster Financial Corp. are also included. Corebridge has the highest estimated total return at 33%. KBW reiterated outperform ratings on Capitol One and Apollo Global Management, as well as on BlackRock, which is well-positioned for the fixed income investment trend. Franklin Resources, on the other hand, received an underperform rating due to its spotty track record. Several other stocks, including Brighthouse Financial, Brown & Brown Inc., PNC Financial Services Group, and SoFi Technologies, also received underperform ratings.

Public Companies: Apollo Global Management Inc. (APO), Capital One Financial Corp. (COF), Mr. Cooper Group Inc. (COOP), Corebridge Financial Inc. (CRBG), Fidelity National Information Services Inc. (FIS), KeyCorp (KEY), Nasdaq Inc. (NDAQ), Prosperity Bancshares Inc. (PB), Webster Financial Corp. (WBS), BlackRock Inc. (BLK), Franklin Resources Inc. (BEN), Brighthouse Financial Inc. (BHF), Brown & Brown Inc. (BRO), PNC Financial Services Group Inc. (PNC), SoFi Technologies Inc. (SOFI)
Private Companies:
Key People:

Track all markets on TradingView

Factuality Level: 7
Justification: The article provides information about the best ideas list for 2024 released by KBW, a research note. It includes market capitalization, total return projections, and analyst opinions for various financial companies. The information provided seems to be based on the research note and analyst opinions, which adds credibility to the article. However, it lacks additional sources or perspectives to verify the claims made.

Noise Level: 3
Justification: The article provides a list of financial companies with potential growth and returns for 2024. However, it lacks in-depth analysis, evidence, and actionable insights. It mainly consists of statements from KBW analysts without much supporting information.

Financial Relevance: Yes
Financial Markets Impacted: Apollo Global Management Inc., Capital One Financial Corp., Mr. Cooper Group Inc., Corebridge Financial Inc., Fidelity National Information Services Inc., KeyCorp, Nasdaq Inc., Prosperity Bancshares Inc., Webster Financial Corp., BlackRock Inc., Franklin Resources Inc., Brighthouse Financial Inc., Brown & Brown Inc., PNC Financial Services Group Inc., SoFi Technologies Inc.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article discusses financial companies and their potential returns for 2024. It does not mention any extreme events or their impacts.

Reported publicly: www.marketwatch.com