3 Top Fintech Stocks to Buy Right Now
Fintech, or financial technology, is one of the most exciting and rapidly evolving industries in the world. However, while many fintech stocks still trade for sky-high valuations, some could still be bargains at their current levels. With that in mind, here's why three of our contributors think you should take a closer look at Green Dot (NYSE: GDOT), Square (NYSE: SQ), and MarketAxess Holdings (NASDAQ: MKTX).
Matt Frankel, CFP (Green Dot): Along with its first-quarter earnings release, Green Dot announced it would be aggressively ramping up its investing in marketing and technology, which would come at the cost of lowered earnings in the short term. As you might expect, lowered earning predictions and future uncertainty led to a massive sell-off in the stock's price. Through the end of July, Green Dot's stock has lost 36% of its value in 2019.
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