3 Fintech Stocks That Could Beat the Market Over the Next 5 Years
2022 has been a reminder that market-beating stocks don't need to be the highest-growth and riskiest bets. Sure, I'm a fan of sprinkling some moonshots into my portfolio. However, companies that produce consistent and profitable growth are the best long-term investments.
With interest rates on the rise and monetary policy at the Fed tightening up, the financial services and technology industry have been hit particularly hard. But not all fintech stocks are created equal. FactSet Research Systems (NYSE: FDS), Nasdaq (NASDAQ: NDAQ), and PayPal Holdings (NASDAQ: PYPL) are three potential market-beaters over the next five years. Here's why.
FactSet is not an oft-followed name among fintech stocks, but I think it should be. The company is in its fifth decade of existence, providing financial service customers with critical information on industries and markets since 1978. The company boasted about its 41st straight year of revenue growth in 2021.
Source Fool.com