After showing remarkable resilience over the last two years, the financial services industry is expected to witness continued growth, thanks to solid corporate and consumer spending on financial services and the growing adoption of digital technology. Moreover, financial institutions generally benefit in a rising interest rate environment as it helps them boost their profit margins.
Amid this backdrop, investors could watch financial stocks First American Financial Corporation (FAF), Everi Holdings Inc. (EVRI), and Digital World Acquisition Corp. (DWAC) witnessing solid momentum.
