You Don't Have to Pick a Winner in Fintech. Here's Why
Look at the world around you, and you'll quickly notice themes happening across the economy. Investing behind these broad secular trends, like financial technology, can provide exposure to potentially winning investment ideas.
It can be a daunting task for individual investors to pick a single winner within the fintech sector, as many businesses are looking to disrupt the industry. However, I don't think this is necessary. Adopting a basket approach and buying all of the following stocks might be the smartest move.
It can be easy to focus only on the younger, more growth-oriented companies. But investors can't forget about the dominant players in the industry. I'm talking about and Mastercard, which, combined, have a market capitalization of nearly $900 billion. Both stocks have crushed the broader S 500 over the past decade, and they are poised to do the same going forward.
Source Fool.com
Visa Inc. A Stock
The stock is an absolute favorite of our community with 42 Buy predictions and no Sell predictions.
With a target price of 279 € there is a slightly positive potential of 11.31% for Visa Inc. A compared to the current price of 250.65 €.
