FDS - Finance Disruption: 2 Of My Favorite Dividend Growth Stocks On Sale

2024-06-06 07:30:00 ET

Summary

• BlackRock and Citadel Securities plan to take on the New York Stock Exchange and Nasdaq through the Texas Stock Exchange.
• Artificial intelligence is disrupting the financial industry and could save banks and financial organizations $447 billion by 2023.
• I present two dividend growth stocks in the financial sector with strong business models and attractive valuations.

Introduction

The financial industry is fascinating for a number of reasons.

• It's huge! According to Investopedia , the financial services sector could be 20-25% of the world economy.
• It's home to many fascinating companies that have made great investments in the past. This includes rating agencies, service providers, ETF operators, banks, investment advisors, and others.
• It's increasingly becoming a battleground for market share, which comes with both risks and opportunities.

This morning, I read an article covering the plans of financial heavyweight BlackRock ( BLK ) and Citadel Securities to take on the New York Stock Exchange and Nasdaq.

The new attack is coming from Texas, where the Texas Stock Exchange has raised $120 million from individuals and large investment firms....

For further details see: