3 Top Fintech Stocks to Bank On Now
These fintech stocksto buyoffer a balance of value and growth.PayPal: This payments giant will grow total payment volume and trades at 14 times forward earnings.SoFi Technologies: Its 26% net revenue growth and successful revenue diversification support the bullish thesis.Shift4 Payments: It’s a compelling takeover candidate due to its discounted valuation.The key driver of PayPal’s long-term growth is the expansion of the payments market. Statista forecasts digital payments growth at a 9.52% compounded annual growth rate between 2024 and 2028. Therefore, PayPal, already one of the largest players, can grow revenues even with more competition.So far, results have underscored that PayPal remains a growth business. For instance, the company reported 13% total payment volume growth and 24% EPS growth in 2023. Furthermore, Q1 2024 results showed that TPV increased 14% year-over-year .As of this writing, PayPal is priced for no growth at 14 times forward earnings. The undervaluation is seve
