Consumer finance stocks gained momentum today

Consumer finance stocks gained momentum today, with the S&P 500 Consumer Finance Index edging up 1.6% as traders priced in stronger Q3 earnings. Analysts note rising net interest margins amid stable delinquency rates could drive double-digit EPS growth over the next 6–9 months. Third, no one should invest a disproportionate amount of their money in only three stocks. If all you have to invest is $100,000, don't put all of it in these three stocks. It's important to build a diversified portfolio. I think that Ares Capital, Energy Transfer, and Pfizer are great picks for investors seeking income, but they shouldn't be the only stocks owned. Signage is seen at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., May 14, 2021. REUTERS/Andrew Kelly Purchase Licensing Rights , opens new tab Trading volume spikes in consumer finance shares this week suggest momentum traders are driving short-term price action. Analysts caution against overextension but note strong fundamental undercurrents.