3 Incredibly Cheap Fintech Stocks to Buy Now
AFRMAffirm(AFRM) The Motley Fool·2024-06-22 22:30

Nu, Upstart, and Affirm all look undervalued relative to their growth potential. Fintech stocks soared during the peak of the meme- and growth-stock rallies in 2021, but many of those stocks stumbled over the following two years as interest rates rose. Those higher rates curbed economic growth and lending, while higher yields on fixed-income investments like CDs pulled investors away from riskier growth stocks. But with interest rates expected to stabilize and potentially decline over the next few quarters, ...