The Fintech Industry Will Be Worth $1.5 Trillion By 2030: 2 Magnificent Stocks to Buy Now
We don't yet live in a cashless society, but digital methods of payments and the broader fintech industry have been on the rise, and that trend is likely to continue for a while. According to some estimates, the fintech industry will be worth $1.5 trillion by 2030, up from $245 billion in 2021.
While exact estimates over relatively long periods are tricky to pull off, analysts typically agree that this market will remain northbound, even if they disagree on the details. You can, therefore, profit from this opportunity if you put your hard-earned money into the right stocks. Let's consider two excellent candidates: (NASDAQ: PYPL) and Apple (NASDAQ: AAPL).
PayPal is an easy and obvious choice for investors looking to ride the fintech coattails through the end of the decade and beyond. The company is one of the leaders in this industry and has built a highly recognizable brand name. It ended the first quarter with 433 million active accounts, an increase of 1% year over year.
Source Fool.com
Paypal Holdings Inc Stock
The stock is one of the favorites of our community with 58 Buy predictions and 2 Sell predictions.
As a result the target price of 74 € shows a positive potential of 35.9% compared to the current price of 54.45 € for Paypal Holdings Inc.
