In this article, we will look at the 11 Best Financial Stocks to Buy Right Now.
On September 2, Josh Brown, CEO of Ritholtz Wealth Management, appeared on CNBC to discuss his bullish outlook on the financial services sector, with a particular focus on regional banks. He noted that the financial stocks have been leading during the year. However, recently, smaller names, which include regional banks, have started to show strong potential.
Brown sees mortgage refinancing as a key catalyst for these regional banks. He noted that mortgage rates have been declining for nine out of the last 12 weeks. This has increased the number of homeowners who can save money by refinancing their mortgages from 1.7 million at the end of July to 2 million in September. Brown believes that if the rates fall to about 6%, around 6 million homeowners could refinance, boosting demand for loans and home sales. This scenario will help regional banks perform even better.
Brown’s thesis was taken positively by other experts on the panel, who also cited their own financial sector being overweight and holding various regional bank stocks.
With that, let’s take a look at the 11 best financial stocks to buy right now.
Our Methodology
To curate the list of best financial stocks to buy right now, we used the Finviz stock screener. Using the screener, we aggregated a list of financial services stocks by market capitalization. Next, we ranked these stocks based on the number of hedge fund holders sourced from Insider Monkey’s Q2 2025 database.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
11 Best Financial Stocks to Buy Right Now
11. Blackstone Inc. (NYSE:BX)
Number of Hedge Fund Holders: 72
Blackstone Inc. (NYSE:BX) is one of the Best Financial Stocks to Buy Right Now. On September 3, Neuberger Berman Capital Solutions announced that it is making a significant growth investment in Sphera, a company specializing in operational risk management software and data. Neuberger Berman Capital Solutions noted that it will invest on behalf of client funds and join Blackstone Inc. (NYSE:BX), which is the existing majority investor, to support Sphera’s growth.
Sphera provides SaaS software and proprietary data to help global organizations manage risks related to environment, health, safety, and sustainability. The company serves over 8,500 customers and one million users in 100 countries. The CEO of Sphera, Paul Marushka, welcomed Neuberger Berman Capital Solutions as a strategic partner alongside Blackstone Inc. (NYSE:BX). In addition, Neuberger Berman Capital Solutions noted that the investment will accelerate innovation and expand Sphera’s global reach.
Blackstone Inc. (NYSE:BX) is a global alternative asset manager specializing in investments across real estate, private equity, credit, infrastructure, and hedge funds.
10. The Goldman Sachs Group, Inc. (NYSE:GS)
Number of Hedge Fund Holders: 73
The Goldman Sachs Group, Inc. (NYSE:GS) is one of the Best Financial Stocks to Buy Right Now. On September 2, The Goldman Sachs Group, Inc. (NYSE:GS) announced a strategic collaboration with Elevation Point, which is a growth partner for independent advisors.
Under this partnership, Elevation Point’s partner firms will get access to Goldman Sachs’ broad financial services, including banking, lending, trading, asset management, and capital markets. Moreover, the collaboration expands an existing relationship with The Goldman Sachs Group, Inc.’s (NYSE:GS) Custody Solutions, which will now be the key custodian for Elevation Point.
The Goldman Sachs Group, Inc. (NYSE:GS) will enhance the operational model of Elevation Point by offering access to lending, direct indexing, and customized investment models. The collaboration aims to deliver tailored investment solutions to meet the needs of sophisticated independent advisors and their clients.
The Goldman Sachs Group, Inc. (NYSE:GS) is a global financial institution offering a wide range of financial services. It serves corporations, financial institutions, governments, and individuals through its key business segments.
