3 Cheap Fintech Stocks to Buy Before They Rebound
With the advent of trends like artificial intelligence and 5G, companies and consumers are becoming extremely reliant on technology. As a result, these entities are willing to pay a great deal for useful technological tools. This includes systems that make financial services easier to offer and carry out. In light of that situation, now is a very good time to buy cheap fintech stocks. Put another way, the high-tech companies that provide widely used financial services are going to perform quite well going forward. There will be very strong demand for their systems. Over the last year, the sector has gotten battered due to unjustified fears about sky-high interest rates. Poor performance from a number of fintech companies also hasn’t helped. Consequently, there are many excellent, cheap fintech stocks to buy at this point. For savvy investors, therein lies the opportunity. Cheap Fintech Stocks: Paysafe (PSFE) Source: Devina Saputri | Shutterstock.com Paysafe (NYSE: PSFE ), a payment-processing company, is trading at a bargain-basement valuation of 1x its trailing revenue.
3 Cheap Fintech Stocks to Buy Before They Rebound
With the advent of trends like artificial intelligence and 5G, companies and consumers are becoming extremely reliant on technology. As a result, these entities are willing to pay a great deal for useful technological tools. This includes systems that make financial services easier to offer and carry out. In light of that situation, now is a very good time to buy cheap fintech stocks. Put another way, the high-tech companies that provide widely used financial services are going to perform quite well going forward. There will be very strong demand for their systems. Over the last year, the sector has gotten battered due to unjustified fears about sky-high interest rates. Poor performance from a number of fintech companies also hasn’t helped. Consequently, there are many excellent, cheap fintech stocks to buy at this point. For savvy investors, therein lies the opportunity. Cheap Fintech Stocks: Paysafe (PSFE) Source: Devina Saputri | Shutterstock.com Paysafe (NYSE: PSFE ), a payment-processing company, is trading at a bargain-basement valuation of 1x its trailing revenue.