Best Fintech Stocks to Buy Going Into 2024
• The article highlights four fintech stocks that are worth investors’ attention for 2024.
• It emphasizes that each company focuses on different aspects of the fintech industry and should be evaluated from a different perspective.
In this video, the author discusses four fintech stocks that investors should consider for 2024. Each company mentioned focuses on a different aspect of the fintech industry and has its own unique potential for growth.
The first company mentioned is PayPal Holdings Inc (NASDAQ: PYPL), which has seen a slight increase in stock price and is a favorite among the community with 47 Buy predictions and 1 Sell prediction. The stock has a target price of €80, representing a positive potential of 39.98% compared to its current price of €57.15.
The second company mentioned is Affirm, whose stock price has declined by 70% since its all-time highs. The author suggests that this could present an opportunity for investors to buy the stock at a discounted price.
The third company mentioned is Square Inc (NYSE: SQ), which is known for its popular payment processing app Cash App. The author highlights Square’s strong growth in recent years and its potential for further expansion in the fintech industry.
The fourth company mentioned is Fiserv Inc (NASDAQ: FISV), which provides technology solutions for financial institutions. The author notes that Fiserv has a strong position in the financial services industry and could benefit from the ongoing digital transformation in the sector.
Overall, the article emphasizes the importance of evaluating fintech stocks based on their individual strengths and potential for growth. It suggests that investors should consider diversifying their portfolio by investing in companies that cover different aspects of the fintech industry. By doing so, investors can position themselves to take advantage of the ongoing digital transformation in the financial sector.
