Blockchain stocks have been gaining traction amid the current cryptocurrency frenzy. Despite the Securities and Exchange Commission’s (SEC) recent discussion and regulatory warning on cryptocurrencies, blockchain technology has proven its value across broader sectors.
Initially developed to serve as a digital public ledger for recording transactions involving Bitcoin (CCC:BTC-USD), blockchain has expanded its presence into other industries, too. According to metrics by Grand View Research, “The global blockchain technology market size was valued at USD 3.67 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 82.4% from 2021 to 2028.”
While financial technology companies naturally lead the pack in blockchain adoption, retail, logistics, and healthcare firms have also started implementing the technology.
With this information, here is a list of seven blockchain stocks to keep on your radar for September:
ARK Fintech Innovation ETF (NYSEARCA:ARKF) CME Group (NASDAQ:CME) JPMorgan Chase (NYSE:JPM) Marathon Digital Holdings (NASDAQ:MARA) Riot Blockchain (NASDAQ:RIOT) Silvergate Capital (NYSE:SI) Siren NASDAQ NexGen Economy ETF (NASDAQ:BLCN)
Some examples of companies using blockchin include Walmart (NYSE:WMT), which has been collaborating with International Business Machines (NYSE:IBM) to ensure food safety by tracking distribution via blockchain. Starbucks (NASDAQ:SBUX) and Microsoft (NASDAQ:MSFT) have piloted a similar project for coffee suppliers. Meanwhile, MedRec by a team at the Massachusetts Institure for Technology operates a project on the Ethereum (CCC:ETH-USD) blockchain for simultaneous testing with Beth Israel Deaconess Medical Center.
Top 5 Medical Stocks To Buy For 2023: Meta Financial Group Inc.(CASH)
Meta Financial Group, Inc. operates as the holding company for MetaBank, which offers various banking products and services in northwest Iowa, Brookings, central Iowa, and Sioux Empire markets. It offers various deposit products, including statement savings accounts, money market savings accounts, checking accounts, and certificate accounts. The company?s loan portfolio includes one- to four-family residential mortgage, commercial and multi-family real estate, agricultural operations and real estate, construction, and consumer and commercial business loans. It also issues prepaid cards and consumer credit products; sponsors automatic teller machines into various debit networks; and offers other payment industry products and services. The company serves its customers through 12 retail banking offices and 1 administrative office. Meta Financial Group, Inc. was founded in 1954 and is headquartered in Storm Lake, Iowa.
Advisors’ Opinion:
- [By Shane Hupp]
Cashcoin (CURRENCY:CASH) traded 2.9% lower against the US dollar during the 24-hour period ending at 21:00 PM Eastern on March 11th. Cashcoin has a total market cap of $33,240.00 and approximately $103.00 worth of Cashcoin was traded on exchanges in the last 24 hours. Over the last seven days, Cashcoin has traded 16.8% lower against the US dollar. One Cashcoin coin can currently be bought for $0.0006 or 0.00000016 BTC on popular cryptocurrency exchanges including Crex24, DOBI trade and cfinex.
- [By Shane Hupp]
Get a free copy of the Zacks research report on Meta Financial Group (CASH)
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- [By Joseph Griffin]
Get a free copy of the Zacks research report on Meta Financial Group (CASH)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
BidaskClub upgraded shares of Meta Financial Group (NASDAQ:CASH) from a strong sell rating to a sell rating in a research report released on Wednesday morning.
Top 5 Medical Stocks To Buy For 2023: SJW Corporation(SJW)
SJW Corp. was incorporated in California on February 8, 1985. SJW Corp. is a holding company with four subsidiaries:
* San Jose Water Company, a wholly owned subsidiary of SJW Corp., with its headquarters located at 110 West Taylor Street in San Jose, California 95110, was originally incorporated under the laws of the State of California in 1866. As part of a reorganization on February 8, 1985, San Jose Water Company became a wholly owned subsidiary of SJW Corp. San Jose Water Company is a public utility in the business of providing water service to approximately 226,000 connections that serve a population of approximately one million people in an area comprising approximately 138 square miles in the metropolitan San Jose area. San Jose Water Company’s web site can be accessed via the Internet at www.sjwater.com. Advisors’ Opinion:
- [By Max Byerly]
Citadel Advisors LLC lessened its holdings in shares of SJW Group (NYSE:SJW) by 26.9% during the 2nd quarter, Holdings Channel reports. The fund owned 12,565 shares of the utilities provider’s stock after selling 4,613 shares during the quarter. Citadel Advisors LLC’s holdings in SJW Group were worth $832,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
- [By Max Byerly]
SJWCoin (CURRENCY:SJW) traded 32.5% lower against the dollar during the 24-hour period ending at 22:00 PM Eastern on August 31st. SJWCoin has a total market capitalization of $0.00 and approximately $73.00 worth of SJWCoin was traded on exchanges in the last 24 hours. One SJWCoin coin can currently be bought for $0.0001 or 0.00000002 BTC on cryptocurrency exchanges. In the last seven days, SJWCoin has traded 5% higher against the dollar.
- [By Shane Hupp]
Los Angeles Capital Management & Equity Research Inc. increased its holdings in SJW Group (NYSE:SJW) by 52.2% during the 2nd quarter, Holdings Channel reports. The firm owned 14,692 shares of the utilities provider’s stock after buying an additional 5,040 shares during the period. Los Angeles Capital Management & Equity Research Inc.’s holdings in SJW Group were worth $973,000 at the end of the most recent quarter.
- [By Ethan Ryder]
SJWCoin (CURRENCY:SJW) traded up 18.1% against the US dollar during the 1-day period ending at 22:00 PM ET on June 21st. In the last week, SJWCoin has traded 20.4% higher against the US dollar. SJWCoin has a total market cap of $0.00 and approximately $44.00 worth of SJWCoin was traded on exchanges in the last day. One SJWCoin coin can currently be bought for approximately $0.0004 or 0.00000006 BTC on major cryptocurrency exchanges.
Top 5 Medical Stocks To Buy For 2023: Scudder Municiple Income Trust(KTF)
DWS Municipal Income Trust (the Fund) is a closed-end, diversified management investment company. Under the Investment Management Agreement with Deutsche Investment Management Americas Inc. (the Advisor), an indirect wholly owned subsidiary of Deutsche Bank AG, the Advisor directs the investments of the Fund in accordance with its investment objectives, policies and restrictions.
In the normal course of business, the Fund may enter into contracts with service providers that contain general indemnification clauses. The Fund’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Fund that have not yet been made. DWS Scudder Investments Service Company (DWS-SISC) is an affiliate of the Advisor.
Advisors’ Opinion:
- [By Shane Hupp]
TRADEMARK VIOLATION NOTICE: “DWS Municipal Income Trust (KTF) Plans $0.04 Monthly Dividend” was posted by Ticker Report and is owned by of Ticker Report. If you are viewing this story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The correct version of this story can be read at www.tickerreport.com/banking-finance/4150549/dws-municipal-income-trust-ktf-plans-0-04-monthly-dividend.html.
- [By Stephan Byrd]
Fiera Capital Corp raised its holdings in shares of Deutsche Municipal Income Trust (NYSE:KTF) by 46.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 353,686 shares of the investment management company’s stock after purchasing an additional 111,410 shares during the quarter. Fiera Capital Corp’s holdings in Deutsche Municipal Income Trust were worth $3,898,000 at the end of the most recent quarter.
Top 5 Medical Stocks To Buy For 2023: Insteel Industries Inc.(IIIN)
Insteel Industries, Inc. manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers pre-stressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand is a high strength seven-wire strand that is used to impart compression forces into precast concrete elements and structures, which may be either pre-tensioned or post-tensioned, providing reinforcement for bridges, parking decks, buildings, and other concrete structures. The company?s WWR is produced as either a standard or a specially engineered reinforcing product for use in nonresidential and residential construction. Its products comprise concrete pipe reinforcement, an engineered made-to-order product that is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; engineered structural mesh, an engineered m ade-to-order product, which is used as the primary reinforcement for concrete elements or structures; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. Insteel Industries sells its products through sales representatives to the manufacturers of concrete products, distributors, and rebar fabricators in the United States, Canada, Mexico, and Central and South America. The company was founded in 1958 and is headquartered in Mount Airy, North Carolina.
Advisors’ Opinion:
- [By Logan Wallace]
Get a free copy of the Zacks research report on Insteel Industries (IIIN)
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- [By Shane Hupp]
Insteel Industries Inc (NASDAQ:IIIN) VP James F. Petelle sold 2,572 shares of the stock in a transaction that occurred on Monday, August 20th. The stock was sold at an average price of $39.65, for a total transaction of $101,979.80. Following the transaction, the vice president now directly owns 16,403 shares in the company, valued at approximately $650,378.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Top 5 Medical Stocks To Buy For 2023: UWM Holdings Corporation(UWMC)
UWM Holdings Corporation engages in the residential mortgage lending business in the United States. The company originates mortgage loans through wholesale channel. It originates primarily conforming and government loans. The company was founded in 1986 and is headquartered in Pontiac, Michigan.
Advisors’ Opinion:
- [By Thomas Niel]
Shares could hang tight, or pull back a bit, as investors absorb its most recent development (the issuance of $575 million in convertible senior notes). With the hype taking a breather, now may be the time to lock in a long-term position.
UWM (UWMC) Source: Shutterstock
After months of minimal chatter, Reddit buzz is on the rise again for UWMC stock. The residential mortgage wholesaler released mixed quarterly results on August 16. Yet don’t let this, and overall housing market concerns, discourage you from buying it.
- [By ]
For his final “Executive Decision” segment, Cramer checked in Mat Ishbia, chairman and CEO of UWM Holdings (UWMC) – Get Report, the loan originator that also posted mixed results. UWM saw closed loan volume soar 90% over a year ago, but also saw their gross margins collapse. Shares of UWM currently yield 5.5%.
