Fintech
3 Incredibly Cheap Fintech Stocks to Buy Now
Fintech stocks skyrocketed during the peak of meme and growth stock rallies in 2021, but many of these stocks collapsed over the next two years as interest rates rose. Such higher rates have dampened economic growth and lending, while higher yields on fixed-income investments such as CDs have drawn investors away from riskier growth stocks.
But with interest rates set to stabilize and potentially decline in coming quarters, investors should consider buying some out-of-favor fintech stocks that now appear undervalued relative to their growth potential. I believe Nu Holdings (NYSE:NU), Start (NASDAQ: UPST) e To assert (NASDAQ: AFRM) checks all the right boxes, making these three fintech stocks potential buys right now.
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Source Fool.com