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Is Adyen Stock a Buy?

TheMotleyFool

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Is Adyen Stock a Buy?: https://g.foolcdn.com/editorial/images/757567/contactless-mobile-payment.jpg

As of this writing, Adyen's (OTC: ADYE.Y) stock has declined 6% this year. That's a terrible showing when compared to the 21% rise of the S 500 and the 38% jump in the Nasdaq Composite Index. Even more striking, Adyen shares are roughly 60% below their all-time high.

However, investor optimism seems to be skyrocketing for this payments business. Since the company provided its latest financial update on Nov. 8, the shares have soared more than 35%.

So, is it time to buy this fintech stock? Let's take a closer look.

Source Fool.com