Reported about 2 months ago
Amid economic uncertainties affecting consumer spending, fintech stocks like PayPal (PYPL), SoFi Technologies (SOFI), and Block (SQ) exhibit strong growth potential due to the rise in e-commerce and digital payments. PayPal has shown a 17% rise this year, with mixed analyst reviews leading to a Moderate Buy rating. SoFi has seen a 23% decline despite solid financial performance, earning a Hold consensus. In contrast, Block has gained traction, showing a 9% increase recently and securing a Strong Buy consensus rating from analysts, indicating higher upside potential compared to both PYPL and SOFI.
Source: YAHOO