Investor concerns about inflationary pressures, rising interest rates and geopolitical conflicts are the main culprits. One company trading near its cheapest valuation ever today is PayPal (NASDAQ: PYPL). The payments giant was a big beneficiary of pandemic-related policies, including online shopping and contactless payments. Read More...
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The Top Growth Stocks to Buy With $100
Growth stocks have been on life support in recent months in the wake of soaring inflation, expectations of interest rate hikes by the Federal Reserve, and continuing concerns involving Russia and Ukraine. Financial technology (fintech) companies, which fall under the technology sector umbrella, have been particularly vulnerable, as investors carry on their transition to safer, less expensive assets in pursuit of protection from the highly turbulent stock market. As the war on cash — which refers to the shift away from cash-based methods of payment in favor of digital payments — gathers more momentum, many fintech companies are poised to benefit in the long run.
