This Breakout Stock Could Be a Surprise Growth Pick in 2022

The financial technology space has been the source of some of the biggest breakout stocks in recent years. One fintech that's ready to take a big step forward in 2022 is Alliance Data Systems (NYSE: ADS), which provides private-label credit card services and co-branded cards for its clients.

Alliance Data has had a brutal stretch the past few years. Its stock price plummeted from nearly $240 per share in 2015 to under $30 per share when the pandemic hit in March 2020. It bounced back in 2021, with the stock price up 13.6% for the year, and its business is poised to reward investors more in 2022. Let's take a look at this potential breakout stock.

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Source Fool.com