3 Fintech Stocks to Sell in July Before They Crash & Burn

InvestorPlace07-08

These fintech stocks are on the frontline of feeling the brunt of a market cycle shift! Fidelity National Information Services Inc. (FIS) pushed itself above the negative returns territory this year, ...

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(FIS) pushed itself above the negative returns territory this year, ...</p>\n\n<a href=\"https://investorplace.com/2024/07/3-fintech-stocks-to-sell-in-july-before-they-crash-burn/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Fintech Stocks to Sell in July Before They Crash & Burn</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Fintech Stocks to Sell in July Before They Crash & Burn\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-08 21:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/07/3-fintech-stocks-to-sell-in-july-before-they-crash-burn/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These fintech stocks are on the frontline of feeling the brunt of a market cycle shift!\nFidelity National Information Services Inc. (FIS) pushed itself above the negative returns territory this year, ...</p>\n\n<a href=\"https://investorplace.com/2024/07/3-fintech-stocks-to-sell-in-july-before-they-crash-burn/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0106831901.USD","symbol_name":"贝莱德世界金融基金A2","start_time":0,"source_url":"https://investorplace.com/2024/07/3-fintech-stocks-to-sell-in-july-before-they-crash-burn/","article_id":"2449708747","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2449708747","pubTimestamp":1720444798,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"Discover why these fintech stocks to sell are likely to crash in July, and learn how market shifts could impact your investment strategy.","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0106831901.USD":"贝莱德世界金融基金A2","LU1861217088.USD":"贝莱德金融科技A2","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","BK4127":"投资银行业与经纪业","LU1046421795.USD":"富达环球科技A-ACC","BK4213":"石油与天然气的勘探与生产","BK4106":"数据处理与外包服务","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","BK4585":"ETF&股票定投概念","HOOD":"Robinhood","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","BK4227":"交易和支付处理服务","BK4007":"制药","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","GDP":"古德里奇","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","BK4588":"碎股","BK4120":"环境与设施服务","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","FIS":"繁德信息技术","FTVI":"Fintech Acquisition Corp VI","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4547":"WSB热门概念","BK4539":"次新股","BK4581":"高盛持仓"},"translate_title":"3只金融科技股将在7月份崩盘和烧毁之前出售","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JAN":1,"HOOD":1,"GDP":1,"FTVI":1,"FIS":1},"content_text":"These fintech stocks are on the frontline of feeling the brunt of a market cycle shift!\nFidelity National Information Services Inc. (FIS) pushed itself above the negative returns territory this year, owing to stock buybacks, but its medium economic moat is no less vulnerable to market downturns.\nRobinhood Markets (HOOD) rides the ebbs and flows of market cycles, just on schedule to intercept another correction.\nJanOne (JAN) made many investors happy this year, but this hybrid stock is more volatile than most. \n\n\n\n\n\n \n\nSource: shutterstock.com/ZinetroN\n\n\n\nInvestors should always be aware of their current positioning in the market cycle, especially when considering fintech stocks to sell. AI greatly propelled market expansion, so much so that just 10 top stocks in the S&P 500 make up 34% of the index, breaking the previous market concentration record all the way back in the 1920s.\nThis leaves investors wondering if the market is past the peak point heading for contraction. Gauging the Wilshire 5000 to GDP ratio, as the total value of all publicly traded stocks divided by Gross Domestic Product (GDP), it seems that a contraction is likely. \nBy their very nature, fintech companies rely on consumer transaction volumes to churn out revenue. And what happens after a sustained decline in job openings as LinkUp and Indeed data suggests? \nTo get ahead of the fintech devaluation spree, here are the three fintech stocks to sell.\nFidelity National Information Services Inc. (FIS)\nSource: JHVEPhoto / Shutterstock.comFidelity National Information Services Inc. (NYSE:FIS) has a global reach across payment processing, wealth management, consulting, retail and institutional banking. Generating revenue from both fintech licensing, transaction processing and consulting, FIS is also known to consolidate.\nOne of the company’s biggest purchases was Worldpay (NYSE:WP) in 2019 worth $43 billion, followed by Virtus Partners (NYSE:VRTS), Payrix, Bond Financial Technologies and Torstone Technology this February as SasS post-trade platform.\nCombined with Fidelity’s push to integrate emerging technologies, such as AI and blockchain, FIS stock performed well year-to-date, returning 23.4% of shareholder value. However, adjusted net earnings for May’s Q1 showed flatlined $768 million vs $767 million in the year-ago quarter. \nAlthough FIS tracked a fifth consecutive quarter of beating its outlooks, the positive stock performance can be largely attributed to increased stock buyback program, at $4 billion for full-year 2024. Overall, FIS stock is a solid candidate as one of fintech stocks to sell on a good note. \nAfter all, increased market volatility is likely to turn up the pressure, enough to exceed the boost from the buybacks. Presently priced at $75.23, FIS stock is high above the 52-week low of $46.91 but neck and neck with its 52-week high of $78.73, paving the road for an excellent exit point. \nRobinhood Markets (HOOD)\nSource: Fluna nightEtJ / Shutterstock.comRobinhood Markets (NASDAQ:HOOD) has become synonymous with retail stock trading, and especially meme stock trading. The brokerage firm has gone to great lengths to make finance accessible, even to the point of gamification.\nThe surge in retail stock trading during 2024 has brought HOOD stock to levels last seen in November 2021, having returned 81% value year-to-date. This makes HOOD one of the strongest fintech stocks to sell before the all-too-familiar market downturn.\nIn May’s Q1 earnings, Robinhood reported a 59% YOY increase in transaction-based revenue, delivering a $157 million net income compared to a $511 million net loss in the year-ago quarter. This once again reveals that Robinhood is tightly aligned with market cycles.\nIn line with its strategy to expand in digital assets, Robinhood recently announced its largest acquisition, purchasing crypto exchange Bitstamp for $200 million. This deal, expected to close in the first half of 2025, is key in enhancing Robinhood’s digital asset presence.\nHOOD stock, priced at $22.46, is near its 52-week high of $24.28 and nearly double its 52-week average of $13.75. This is as close to the ideal exit point as one could wish for.\nJanOne (JAN)\nSource: aslysun / Shutterstock.comJanOne (NASDAQ:JAN) is a curious case of a unique penny hybrid stock. Having started in Minnesota but moved to Las Vegas, JanOne’s biotech angle is pain treatment without causing opioid addictions. The company’s flagship candidate is JAN101 tackling peripheral artery disease (PAD) alongside diabetic neuropathy, having shown promise in Phase 2a clinical trial.\nBy 2030, PAD is forecasted to affect 23.8 million people in the US. Following mass “COVID-19” vaccinations, this figure is likely to increase considering its ties with acute coronary syndromes. Of course, the promise of JanOne’s solutions is a gambit as with most biotech firms.\nBut, JanOne is also a fintech company, following the acquisition of Alt 5 Sigma, a blockchain firm enabling cryptocurrency payment gateways for global merchants. In June, Alt 5 reported 91% YOY transaction volume increase to $289 million for the months of April and May. \nJAN stock, having gained massive 232% returns YTD likely faces correction as an inherently volatile penny stock. Presently priced at $2.02, JAN stock is still above the 52-week average of $1.42 per share. Even though this is a good exit, the cheap stock should be considered as “buy the dip” later on after the price correction and depending on further clinical trial news.\nOn the date of publication, Shane Neagle did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nOn the date of publication, the responsible editor did not have (either directly orindirectly) any positions in the securities mentioned in this article.\nShane Neagle is fascinated by the ways in which technology is poised to disrupt investing. He specializes in fundamental analysis and growth investing.Financial, Fintech\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/07/3-fintech-stocks-to-sell-in-july-before-they-crash-burn/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2449708747"}