2 Fintech Stocks to Buy Hand Over Fist and 1 to Avoid
Many fintech stocks tumbled during the past two years as rising interest rates curbed consumer discretionary spending, made borrowing money a lot less appealing, and compressed the market's valuations. Tech giants like also challenged smaller fintech companies by rolling out its own digital payment and lending platforms.
However, shrewd investors can still find some promising turnaround plays in this out-of-favor sector. Here are two fintech stocks that are worth buying -- and one that should be avoided at all costs, until and unless it gets its act together.
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Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 105 Buy predictions and 9 Sell predictions.
With a target price of 209 € there is a slightly positive potential of 1.65% for Apple Inc. compared to the current price of 205.6 €.