1 Fintech Stock to Buy Before 2021
There has been a lot of talk about a tech bubble in recent months. Many stocks across the sector have seen valuations rise an insane amount based on speculation and revenue spikes, spurred by changes related to the pandemic or other factors. Some tech companies have just ridden the wave without any real revenue or earnings. The valuations have gotten too high, some say, and could come crashing down in a slow-growing economy, or in a return to a semblance of normalcy when the utility of certain companies is no longer as sought after.
That's not to say the bubble will definitely burst -- and even if there is a crash in part of the sector, it won't affect all tech stocks as a monolith. One fintech in particular that is built to survive whatever 2021 has in store is PayPal Holdings (NASDAQ: PYPL). PayPal is such a great long-term stock that I think you should consider buying it now, before the price gets too high.
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Source Fool.com
